A couple of weeks ago, Standard & Poor's was sued by the U.S. government and a number of state governments for allegedly inflating credit ratings. Once again, Stephen Colbert brings his unique take on the S&P lawsuit.
Jon Stewart discussed the Libor manipulation scandal on last night's show. As he says, it turns out it's not six members of the Illuminati controlling the world's finance, it's 16 London bankers that are lunch buddies.
Goldman Sachs Group Inc. and funds managed by the firm will sell about $1 billion of stock in Facebook Inc.’s initial public offering, cashing out almost half their stake after the social network doubled in value.