The Chinese say they're paying for America's financial crisis.
NPRToday on Planet Money:
French President Nicolas Sarkozy is hailing the G-20's declaration that credit ratings agency be regulated as a major victory. But professor of banking, Joseph Mason, says he thinks it's just more of the same. Plus: Laura is back from China with a conversation about capitalism.
-- Louisiana State University banking professor Joseph Mason says credit ratings agencies have become arbiters of risk and need more monitoring.
-- A journalist in China calls capitalism a mixed bag.
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categories: Planet Money Podcast
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