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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (168437)8/8/2011 8:38:56 PM
From: Steve Lokness  Respond to of 544095
 
I disagree that S&P was wrong, but having said that, this paragraph is interest;

One final comment, S&P is a Division of McGraw-Hill and is run by Harold Whittlesey "Terry" McGraw III (born 1948) who is the chairman, president and chief executive officer (CEO). McGraw’s total 2009 compensation was $5,905,317 ($1,390,500 Base Salary +, $1,261,000 cash bonus + $924,060 stock granted + $1,854,583 option grants + $475,174 other compensation) while everyone else was losing their shirts over the CDO melt down he was responsible for causing. Where’s the justice? One final insult, born in 1948, “Terry” was of prime draft age during the Vietnam War yet was a successful Draft Dodger!



To: stockman_scott who wrote (168437)8/8/2011 8:43:25 PM
From: Steve Lokness  Respond to of 544095
 
Still, a top Moody's analyst reiterated that the United States is running out of time to reduce its debt burden before his company, too, would downgrade the country's debt.

reuters.com

Not a screaming endorsement..........