Deven Sharma, Head Of Ratings Agency Standard & Poor’s, To

Deven Sharma, Head Of Ratings Agency Standard & Poor’s, To

The President of Standard & poor increases, a decision just a few weeks after move Monday the rating agency without precedents of the United States of credit AAA-rating, according to published reports.
The Financial Times and The Wall Street Journal reported that Deven Sharma on as an advisor to s & matrix p, McGraw-Hill Cos., up to the end of the year will continue. He said that the s & p is an official announcement on Tuesday before United States open financial markets has planned.
Newspapers refer people familiar with the matter say Sharma movement was in the works for s & p downgraded its rating to AA-plus United States on 5 August.

Deven Sharma, Head Of Ratings Agency Standard & Poor’s, To

The Financial Times also said Sharma racks of the s & p was not due to recent reports that the Ministry of Justice considered or the Agency wrongly assessed dozens of mortgage securities in the run-up to the financial crisis in 2008. He said that the traffic is the result of the split s is & p company information, prices and analysis of business valuations.
Messages left with spokesmen for s & p looking for comment.
S & p downgrade shock waves through the global financial markets and was strongly criticized by the administration of Obama, who said that the analysis of the Agency was fundamentally flawed. Other agencies main and important qualification of p does not follow.
P & s Sharma joined in 2006 and became Chairman the following year. Previously, he was Executive Vice President, Global, McGraw-Hill for five year strategy

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