Completely unconnected to the downgrade of USA by S&P, Mr. Deven Sharma stepped down as President of the rating company… Of course, USA is a meritocracy so it is not possible that White House would have made that fatal call..for the end of the tenure of Mr. Sharma… USA is not India…it is a free […]

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Thank God Human memory is short. Imagine if you had a long memory you would remember the punishment you got in class 7 for not doing your home work! However one of the important FAILURES of the 2008 was the rating agency companies ability to know the difference between a AAA and D-. Even now […]

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