NPR
The Chinese say they're paying for America's financial crisis.
Today 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.
Download the podcast; or subscribe. Intro music today: Daryl Hall and John Oates' "Rich Girl." Get the opening clip in full. Follow our Twitter feed. Join our Facebook group.
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