Julia Coronado, chief economist with the investment bank BNP Paribas, talks about the ratings agency S&P's possible downgrade of U.S. credit, and what ratings agencies mean to modern markets.
Reviewing the week's headlines on Wall Street. This week: the latest from Ben Bernanke and the Federal Reserve, and why the markets aren't reacting to the debt talks.
Congressman Jim Cooper, a Democrat from Tennessee, urged his fellow lawmakers earlier this week to stop misbehaving and posturing for voters. He says that people need to remember to put their country first.