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This week, the federal government sued Standard & Poor's -- and all in a tumble 16 states and the District of Columbia piled on. California's lawsuit, filed in San Francisco Superior Court, seeks more than $4 billion.
As the Baby Boomers crowd the exits, California faces a potential demographic disaster. By the year 2030 there will be only three working-age adults for every senior expecting to be supported the same way they supported the generation before them. Reporter: Rachael Myrow
End Music: "Ego Tripping at the Gates of Hell" by The Flaming Lips, from the CD (Warner Bros.)