Benzinga's Political Roundup July 22, 2011

U.S. prosecutors charged four Credit Suisse Group CS bankers with defrauding the U.S. government, as the U.S. claims the bankers helped U.S. citizens evade taxes. British Prime Minister David Cameron says News Corp.'s NWSA James Murdoch "clearly" needs to answer questions from MPs after his evidence on phone hacking was challenged. Fitch Ratings placed a "restricted default" rating on Greece after details of the rescue plan emerged. Lawmakers are coming down to the deadline set by President Obama for a deal to avoid a U.S. default over raising the debt ceiling and reigning in the federal deficit.
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