HelenaHandbag
Shoots back
As the smallest, most petty, vindictive and narcissistic president in American history gets even smaller.
[ame=http://www.youtube.com/watch?v=TeT67BvYzo4]Obama Says Punish Enemies and Reward Friends - YouTube[/ame]
Read more: Geithner warned S&P after downgrade, executive says - Jon Prior - POLITICO.com
[ame=http://www.youtube.com/watch?v=TeT67BvYzo4]Obama Says Punish Enemies and Reward Friends - YouTube[/ame]
An executive with Standard & Poors parent company said in a new legal filing that former Treasury Secretary Timothy Geithner warned him that the credit rating firm would be looked at very carefully following its decision in 2011 to downgrade the credit rating of the United States.
The legal document was filed as part of a case the Justice Department brought against S&P in February 2013, alleging the company defrauded investors in the lead-up to the 2008 financial crisis by giving risky mortgage bonds its highest rating. The company has alleged the suit was brought in retaliation for the downgrade a claim Justice officials have dismissed.
Read more: Geithner warned S&P after downgrade, executive says - Jon Prior - POLITICO.com