Is Standard&Poor's a secret society?....And for what Agency do you think S&P works!

The power to downgrade the rating of countries is the real power.More then weapons more then wars.
And it is a way to take the will of countries,but for whom do you think they work for,maybe another government,maybe secret societies,or just for the rich!
Could be S&P the front of secret Agencies?This is a great power to make companies and countries lose billions just in seconds.But who give the order! I think is more then a financial company with interests far more then we can see.

What is S&P?Who is leading S&P,and who do you think is behind it!

reply to post by diamondsmith


Rothschild and the reptile Royal family.

Was established in 1860 by Henry Varnum Poor, him and his son used to publish annually updated versions of his book which was an attempt to compile comprehensive information about the financial and operational state of U.S. railroad companies.

In 1966, the company was acquired by The McGraw-Hill Companies which is headquartered in Rockefeller Center in New York City. Harold McGraw III is the president, CEO and chairman of McGraw-Hill Companies and In the past he served as a member of President George W. Bush's Transition Advisory Committee on Trade. He also is the chairman of the Business Roundtable which is a politically conservative group of chief executive officers of major U.S. corporations

Business Roundtable:

The Roundtable was founded in 1972 by John Harper, the head of ALCOA Aluminum, and Fred Borch, CEO of General Electric, who were concerned about growing public hostility toward corporations as evidenced by support for government regulation of the workplace environment, and about the power of unions to squeeze corporate profits in an increasingly competitive international market. The two CEOs talked with John Connally, President Nixon's Secretary of Treasury, and Arthur Bums, the Chairman of the Federal Reserve, who advised them to set up a lobbying organization that would specifically represent large banks and corporations. Harper was the first president, followed by Thomas Murphy of General Motors, Irving Shapiro of Du Pont, and Clifford Garvin of Exxon

Wiki


This guy's a big player, and hes very close to the top of the pyramid

reply to post by n00bUK

This guy's a big player, and hes very close to the top of the pyramid

I agree with,and my question is for who they are working,their decisions can tip the balance in favor of a power or another ,can we speak of double standard and poor's?

reply to post by mkgandhas

Rothschild and the reptile Royal family.

I think is more then that,there are powers far beyond comprehension,with arbitrary and subjective decisions.

These are the same ratings agencies who were giving tripple A ratings to dodgy CDO's made from sub prime mortgages.

So a question of who watches the watchers is a very interesting one.

reply to post by diamondsmith
The Jesuits ...Those little men in the black garb secretley controlling all major decisions all around us .peace

reply to post by the2ofusr1

The Jesuits

You mean like this?

Text"I do further declare, that I will help, assist, and advise all or any of his Holiness' agents in any place wherever I shall be, in Switzerland, Germany, Holland, Denmark, Sweden, Norway, England, Ireland or America, or in any other Kingdom or territory I shall come to, and do my uttermost to extirpate the heretical Protestants or Liberals' doctrines and to destroy all their pretended powers, legal or otherwise."

source(www.biblebelievers.org.au...

reply to post by diamondsmith
Yea like that ..peace

reply to post by woodwardjnr

So a question

So,if someone ask the wrong question he will get the right answer,and that will be the proof of....,and this way you will demonstrate that S&P is a secret society working for....!

Since the fallout of the GFC there are now many other rating agencies rising up all over the world. With government failing to provide oversight to business operation through a long term political push of deregulation, it has fallen to the market to regulate itself through ratings agencies. They do provide an important check to the system and in some ways it is surprising that the capitalist model was able to find a solution to this important function as the governments role was stripped away through special interest lobbies.

With S&P's incompetence / corruption with the events leading to the GFC, the importance of the ratings role was exposed and diversified in operation to limit overall market risk.

Ratings agency work for the markets by managing risk and providing oversight to accounting practices. Being involved with a lot of sensitive financial data does create close working relationships with banks and other financial institutions. Like with many other business relationships there is a potential for a conflict of interest, exploitation or incompetence to develop if not managed correctly.

In looking through the resumes of the current directors of S&P I would expect to see a strong connection with the banks and accounting firms. Experience, access to information, connections and knowledge are all required to have any chance to perform these roles successfully.

In the end these ratings agencies have to answer to the markets. Their job is to sell integrity and if they are not up to the task they will have to find something else to do.

TextItalian prosecutors have been investigating the impact of S&P's reports on the country's share prices, following complaints from consumer groups. The ongoing probe is looking into whether crimes of market manipulation and illicit use of privileged information were committed when S&P's reports were released in May, June and July 2011, prompting a sell-off of Italian assets. Now, prosecutors are said to be looking at the latest S&P downgrade of Italy, and whether it was leaked to various individuals before it was made official. One Italian report has even claimed there is a possibility the data used to make the downgrade was "biased and incorrect". If that is proved to be true, it would put into doubt the whole aspect of the downgrade.

source(thecomingcrisis.blogspot.com...

Originally posted by diamondsmith

The ongoing probe is looking into whether crimes of market manipulation and illicit use of privileged information were committed when S&P's reports were released in May, June and July 2011, prompting a sell-off of Italian assets. Now, prosecutors are said to be looking at the latest S&P downgrade of Italy...

Are they going to have the same sorry excuse when Moody's and Fitch's slaps them with a downgrade as well? Maybe they can borrow a fellow countrymen's explaination and say they 'tripped' and fell into the debt.

reply to post by AugustusMasonicus

Maybe they can borrow a fellow countrymen's explaination and say they 'tripped' and fell into the debt.

The will of the people is no longer the will of the people but the will of others who are the enemies of many nations.One thousand years ago there were no rating "agencies" to let the history pass her way.

Originally posted by diamondsmith
The will of the people is no longer the will of the people but the will of others who are the enemies of many nations.

The Italian people put themselves in debt, not some nebulous entity who forced it on them. We are heading down the same path.

One thousand years ago there were no rating "agencies" to let the history pass her way.

However, nations frequently debased their coinage which devalued the currency and lead to greater debt. This is similar to the Federal Reserve's and the Obama Administration's policy of Quantitative Easing.

reply to post by AugustusMasonicus

The Italian people put themselves in debt

Agree,but they should be left alone to solve their own problem and no to be judged,who is"no one" S&P to judge nations..are they another"great" nation?

Originally posted by diamondsmith
Agree,but they should be left alone to solve their own problem and no to be judged,who is"no one" S&P to judge nations..are they another"great" nation?

Standard and Poor's is not preventing Italy from restructuring their debt, they are only alerting possible investors to the fact that this debt is suspect. If I were investing in sovereign debt I would want to know which offered the safest return or which were in danger of default.

reply to post by AugustusMasonicus

alerting possible investors

I doubt that this can be a good thing, there is no natural selection of nations but a control of artificial meaning of economic development of nations,by dipping the economies of those countries and by influencing investors arbitrary to define a future without any clear and real base of the future , but a false one based on arbitrary interest.

Originally posted by diamondsmith
I doubt that this can be a good thing...

You can doubt it all you want until you decide to invest in sovereign debt, then you will look for guidance. What is the alternative for this type of investor, throwing darts at a map?

...there is no natural selection of nations but a control of artificial meaning of economic development of nations,by dipping the economies of those countries...

These countries have 'dipped' their own economies by massive deficit spending. Standard and Poor's is not to blame for these country's absurd financial situations.

and by influencing investors arbitrary to define a future without any clear and real base of the future , but a false one based on arbitrary interest.

There are numerous ratings agencies besides Standard and Poor's, if a person were to doubt their recommendations one could always look elsewhere, they are not the be all and end all.

reply to post by AugustusMasonicus

they are not the be all and end all.

yeah sure...the financial police of the planet who put countries in jail.