S&P replaces president with Citibank exec after U.S. downgrade

S&P replaces president with Citibank exec after U.S. downgrade

ca.finance.yahoo.com

SYDNEY/BANGALORE (Reuters) - The chief of Standard & Poor's will step down next month, to be replaced by a senior Citibank executive, in a move announced a few weeks after the credit rating agency downgraded U.S. government debt and sparked a row with Washington.

S&P's parent, McGraw-Hill Companies Inc, said on Tuesday that Deven Sharma, who has served as S&P president since 2007, would step down on September 12, to be succeeded by Citibank chief operating officer Douglas Peterson.

"S&P will continue to produce ratings that are comparable, forward looking and transparent," McGraw-Hil

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Really..?! A Citibank Top executive?! Does anyone actually believe that he wasn't fired because they downgraded the credit rating of the U.S.? Maybe the guy had a change of heart... there are many sources linking the S&P with Bilderberg and the NWO.. (see below)

And to be replaced with a citibank executive? Do we really need more of these greedy big banksters running being involved with credit ratings for countries!?

IMO, the guy was a pasty who got fired just incase anyone gets pissy about the rating going down, as the U.S. Justice Department seems to be. The new guy will be the same as the old, working for the same people. He's just a new label...

Your thoughts?

ca.finance.yahoo.com
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Originally posted by Nspekta
Your thoughts?

Swift trials for treason for the top 10,000 financial industry workers, followed by firing squad executions for those found guilty. For betraying the United States of America.

Those are my thoughts.

Well it's official then.

The Fox is guarding the hen house.

So how long does it take before America has its AAA rating back?

reply to post by earthling42


As soon as the government inquiry finds some dirt?

That would be my bet anyway.

oh the timing is not crazy at all
no no of course not