Tuesday, August 23, 2011

S & P's President New Challenges.

Deven Sharma, the president of Standard & Poor, has announced he is leaving the company to take up "new challenges".

The US Justice(!) department is to investigate S & P's credit ratings of toxic bonds in the years leading upto the 2008 financial collapse.

Sharma who joined the company in 2006, would also have noticed the fall in the share value of S&P's parent company, Mcgraw-Hill.

New challenges or just RUN ?

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