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Detailed text transcripts for TV channel - FOXNEWS - 20140124:02:31:00

accusing the obama administration of using a multi-billion dollar lawsuit as political leverage. we talked about standard and poors, and why s&p claims it was singled out by the department of justice after the s&p angered the white house. joining me now, james freeman, the assistant editor of the wall street journal editorial page, and andrew macarthur is a former federal prosecutor. so james, let me start with you. in an affidavit that was filed this week by this guy, harold mcgraw iii who basically runs s&p, he insists this was a down grade for what they gave the u.s. treasury back in 2011. the administration came out and said we were investigating s&p long before mr. mcgraw alleges he was threatened by tim

Detailed text transcripts for TV channel - FOXNEWS - 20140124:05:31:00

accusing the obama administration of using a multi-billion dollar lawsuit as political leverage. we talked about standard and poors, and why s&p claims it was singled out by the department of justice after the s&p angered the white house. joining me now, james freeman, the assistant editor of the wall street journal editorial page, and andrew macarthur is a former federal prosecutor. so james, let me start with you. in an affidavit that was filed this week by this guy, harold mcgraw iii who basically runs s&p, he insists this was a down grade for what they gave the u.s. treasury back in 2011. the administration came out and said we were investigating s&p long before mr. mcgraw alleges he was threatened by tim

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