Posted by: Doug Henwood | August 8, 2011

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.


  1. 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.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: