This is a credit rating company, a part of McGraw Hill group of companies.
A credit rating company's job is to tell the investors about the reliability of the companies in which they want to invest their money. And the reliability of nations as places to invest money.
President of S&P was one Deven Sharma born in Jharkhand in India in 1956.
He is the person who told the truth about US credit rating. That is is not the top rated economy to invest your money in.
He must have known it before he told it to the world.
Now comes the professional hazard.
If he had not told the world he would have been responsible for his action.
He chose to tell the world and he has been held responsible for his action.
He was removed as the President of S&P and effectively will have to leave the company (that is if he has not already left it by now.)
When drinking the zam zam (the water from the holy sanctuary of Kaaba) one recites the following prayers:
A credit rating company's job is to tell the investors about the reliability of the companies in which they want to invest their money. And the reliability of nations as places to invest money.
President of S&P was one Deven Sharma born in Jharkhand in India in 1956.
He is the person who told the truth about US credit rating. That is is not the top rated economy to invest your money in.
He must have known it before he told it to the world.
Now comes the professional hazard.
If he had not told the world he would have been responsible for his action.
He chose to tell the world and he has been held responsible for his action.
He was removed as the President of S&P and effectively will have to leave the company (that is if he has not already left it by now.)
When drinking the zam zam (the water from the holy sanctuary of Kaaba) one recites the following prayers:
O Allah I ask you for beneficial knowledge, abundant sustenance and cure from every disease.The point to focus on is the beneficial knowledge. At some point of time the knowledge that Mr Sharma had ceased to be beneficial. It was harmful to him if he used it-as he did. It would have been harmful to him if he had not used it and had chosen to remain silent. This is a situation in which there was no voluntary mistake on his part but he ended up being punished. This is a type of situation in which one has no other weapon in his armory except supplication.