S&P: foreign agents
So the lead analyst on the S&P downgrade of the U.S. Treasury is based in…Toronto! What, they were afraid to have an American do the work?
And you can download the report from S&P’s “BlobServer.” I’m not kidding.
More on all this in the imminently forthcoming LBO #133.
LBO News from Doug Henwood 
I used to work with the guy. Perhaps S&P wanted a competent, “neutral” manager on the file. I’m curious to know the full story behind S&P’s decision to downgrade. It took me by surprise.