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S&P board fires CEO, replaces him with.....a Citibank honcho.

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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-11 12:41 AM
Original message
S&P board fires CEO, replaces him with.....a Citibank honcho.
Edited on Tue Aug-23-11 12:56 AM by dixiegrrrrl
Wow....that's pretty blatant.

From Zero Hedge:
" Alas, this is nothing but a case study of modern corporate reality in America: if you are not with the status quo, you are against it, and you are promptly booted out of it: anyone who does not share the visions of one glorious future built on ponzi schemes, houses of cards, and games of three card monte, will be promptly suicided, either physically or professionally.

We expect that this flagrant example of how the powers that be will deal with any dissenters will instill the fear of god in anyone at either Moodys (or the French sycphants from Fitch) and nobody will ever again menton the words "US" and "downgrade" in the same sentence."

http://www.zerohedge.com/news/sp-board-fires-ceo-telling-truth-be-replaced-coo-citibank

edited to add: now news has spread,here is Reuters link:
http://uk.reuters.com/article/2011/08/23/uk-sp-president-idUKTRE77M09F20110823




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sakabatou Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-11 12:47 AM
Response to Original message
1. Ugh...
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DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-11 12:50 AM
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2. Best case? He turns whistle-blower. nt
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Po_d Mainiac Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-11 07:44 AM
Response to Reply #2
3. Best case
Stands in line with with the banksters w8ing for their FRSP session

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