pioneer in global investing for over 50 years, gain from our perspective. announcer: and by exxon/mobil. thank you to viewers like you. captioning sponsored by wpbt susie: good evening, everyone. anxiety was the watch word on wall street again today. tom, all the major market averages were down, but the numbers don t tell the whole story. there are so many cross currents rattling investors. tom: there are a lot of the cross currents. in fact, investors continue reacting to new stock trading rules here in the u.s. and in germany. and there are the european debt problems, as well as the euro. and a new government report showed subdued u.s. inflation, raising questions about the strength of the u.s. recovery. we begin with erika miller. whether it is cards, connect four, or the stock market, no one likes to have rules changed mid game. it is understandable individual investors are nervous about the f.c.c. s new stock trading rules that start in mid-june. if the stock f
experts on the ground, assessing potential firsthand, templeton, a pioneer in global investing for over 50 years, gain from our perspective. announcer: and by exxon/mobil. thank you to viewers like you. captioning sponsored by wpbt susie: good evening, everyone. anxiety was the watch word on wall street again today. tom, all the major market averages were down, but the numbers don t tell the whole story. there are so many cross currents rattling investors. tom: there are a lot of the cross currents. in fact, investors continue reacting to new stock trading rules here in the u.s. and in germany. and there are the european debt problems, as well as the euro. and a new government report showed subdued u.s. inflation, raising questions about the strength of the u.s. recovery. we begin with erika miller. whether it is cards, connect four, or the stock market, no one likes to have rules changed mid game. it is understandable individual investors are nervous about the f.c.
this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening, everyone. on capitol hill today the focus was on the role of credit rating agencies in the financial crisis. and, tom, lawmakers heard a lot of excuses from executives of some of the top agencies. tom: susie, those former executives told senate investigators about conflicts of interest and pressure from wall street investment bankers. they said those factors were part of the reason they issued high ratings on mortgages made up of sub-prime loans. susie: today s revelations could lead to ratings oversight in the financial reform bill under debate in congress. darren gersh reports. reporter: senate investigators found the companies that crunched the numbers and awarded the a.a.a. credit ratings to sub-prime mortgage bonds were heavily influenced by wall street money. it s one reason investigators say the credit rating age
this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening, everyone. on capitol hill today the focus was on the role of credit rating agencies in the financial crisis. and, tom, lawmakers heard a lot of excuses from executives of some of the top agencies. tom: susie, those former executives told senate investigators about conflicts of interest and pressure from wall street investment bankers. they said those factors were part of the reason they issued high ratings on mortgages made up of sub-prime loans. susie: today s revelations could lead to ratings oversight in the financial reform bill under debate in congress. darren gersh reports. reporter: senate investigators found the companies that crunched the numbers and awarded the a.a.a. credit ratings to sub-prime mortgage bonds were heavily influenced by wall street money. it s one reason investigators say the credit rating age
this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening, everyone. on capitol hill today the focus was on the role of credit rating agencies in the financial crisis. and, tom, lawmakers heard a lot of excuses from executives of some of the top agencies. tom: susie, those former executives told senate investigators about conflicts of interest and pressure from wall street investment bankers. they said those factors were part of the reason they issued high ratings on mortgages made up of sub-prime loans. susie: today s revelations could lead to ratings oversight in the financial reform bill under debate in congress. darren gersh reports. reporter: senate investigators found the companies that crunched the numbers and awarded the a.a.a. credit ratings to sub-prime mortgage bonds were heavily influenced by wall street money. it s one reason investigators say the credit rating age