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Business Matters: S&P to pay $1.4bn to regulators 04 Feb 15

Wed¹, 4 Feb 15

Credit rating agency Standard & Poor's has agreed to pay a $1.38bn settlement to US regulators over allegations it knowingly inflated² its ratings of risky³ mortgage investments. We'll get more from our reporter in New York. As the new Greek finance minister Yanis Varoufakis visits another European capital we ask economist⁴ Roger Bootle whether this charm offensive will work. We also head to Fiji to find out why they want to change their flag - and what they're likely to put on their new one. And with news that acclaimed⁵ American novelist Harper Lee is publishing her second novel - a sequel to To Kill A Mockingbird - we get reaction from her home state of Alabama. Joining presenter⁶ Jon Bithrey on the show are Revathy Ashok, from the Bangalore Political Action Committee and Nancy Marshall-Genzer from Marketplace in Washington DC.