S&P replaces president with Citibank exec after U.S. downgrade
(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.…
Geithner Rips S&P for 'Really Terrible' Move on Downgrade
Treasury Secretary Timothy Geithner ripped Standard & Poor's two days after the ratings agency downgraded US debt, saying the stunning move was based on a "lack of knowledge" about the nation's…
El-Erian Says S&P Will Downgrade U.S. If It Holds to Outlook
Aug. 3 (Bloomberg) -- Standard & Poor’s will downgrade the U.S. after it enacted a law to reduce federal debt by $2.4 trillion over a decade if the credit-rating company sticks to what it…
