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David Beers

S&P Director: Downgrade Not 'Catastrophic' For U.S. Credit-Worthiness

AP | Posted 10.08.2011 | Business

NEW YORK -- A managing director at Standard & Poor's said Monday that he has absolutely no second thoughts about the credit ratings agency's decision ...

Elise Foley

S&P Officials Blame Downgrade On 'Degree Of Uncertainty' In Politics | Elise Foley | Posted 10.07.2011 | Business

WASHINGTON -- Ratings agency Standard and Poor's defended its decision to downgrade the United States credit rating, arguing on Sunday that the downgr...

Greek Credit Rating Further Downgraded Into Junk Status

Posted 09.26.2011 | Business

Greece's sovereign debt was downgraded further into junk territory Wednesday, a day after an official from the credit ratings agency told CNBC tha...

Why Are Discredited "Agencies" Like S&P Dictating Our Economic Future?

Richard (RJ) Eskow | Posted 09.23.2011 | Politics
Richard (RJ) Eskow

S&P knows exactly what it is, and so should everyone else. It's the for-profit company which, while masquerading as an "agency," bartered its coveted AAA ratings for increased profits. The real question is why?