John B. Chambers

John B. Chambers (born c. 1956)[1] is deputy head of the Sovereign Debt Ratings Group and chairman of the Sovereign Debt Committee at Standard and Poor's (S&P).[2] [3] Along with David T. Beers, Chambers earned significant attention in August 2011 for his role in downgrading the credit rating of United States Treasury bonds to AA+.[4] Prior to this, the United States had maintained a AAA credit rating since 1941.[5]

Chambers holds a BA in English literature and philosophy from Grinnell College (1977) and an MA in English literature from Columbia University.[6][7][8] After working five years in various roles as sous directeur, assistant comptroller, and vice president for Banque Indosuez,[9] Chambers joined S&P in 1993. He became deputy head of S&P's Sovereign Debt Ratings Group in 1997[10]

References

  1. ^ Buiso, Gary; Burke, Cathy; Roberts, Georgett (7 August 2011). "Downgrade 'doer' was no biz wiz". New York Post. http://www.nypost.com/p/news/local/manhattan/downgrade_doer_was_no_biz_wiz_KyeArXx2HeDSRdkjZx6VkM. 
  2. ^ Dallas, George S. (2004). Governance and risk: an analytical handbook for investors, managers, directors, and stakeholders. McGraw-Hill. pp. xviii–xix. http://books.google.com/books?id=m4ApLZbNo_sC&lpg=PR18&dq=john%20chambers%20standard%20and%20poors&pg=PR19#v=onepage&q&f=false. 
  3. ^ "S&P's Chambers Says U.S. Debt Problems Need Bipartisan Solution". San Fransisco Chronicle. 7 August 2011. http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/08/07/bloomberg1376-LPL5416K50YM01-5BDHV01VHJR1DND6NICRSNIKDS.DTL. Retrieved 8 August 2011. 
  4. ^ Schwartz, Nelson D.; Eric Dash (7 August 2011). "S&P takes heat, defends its U.S. downgrade". Sacramento Bee. http://www.sacbee.com/2011/08/07/3821548/sp-takes-heat-defends-its-us-downgrade.html. Retrieved 8 August 2011. 
  5. ^ Making the Call on U.S. Credit Rating. Wall Street Journal, July 22, 2011
  6. ^ http://www.grinnell.edu/dar/dev/donorrelations/honorroll/iowa-band
  7. ^ Buiso, Gary; Burke, Cathy; Roberts, Georgett (7 August 2011). "Downgrade 'doer' was no biz wiz". New York Post. http://www.nypost.com/p/news/local/manhattan/downgrade_doer_was_no_biz_wiz_KyeArXx2HeDSRdkjZx6VkM. 
  8. ^ http://www.arabbankers.org/shared/custompage/custompage.jsp?_event=view&_id=445505_c_sU127360_s_i147287
  9. ^ http://www.arabbankers.org/shared/custompage/custompage.jsp?_event=view&_id=445505_c_sU127360_s_i147287
  10. ^ Dallas, George S. (2004). Governance and risk: an analytical handbook for investors, managers, directors, and stakeholders. McGraw-Hill. pp. xviii–xix. http://books.google.com/books?id=m4ApLZbNo_sC&lpg=PR18&dq=john%20chambers%20standard%20and%20poors&pg=PR19#v=onepage&q&f=false.