John Burton Chambers (born c. 1955) is deputy head of the Sovereign Debt Ratings Group and chairman of the Sovereign Debt Committee at Standard and Poor's (S&P). 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+. Prior to this, the United States had maintained a AAA credit rating since 1941.
Chambers holds a BA in English literature and philosophy from Grinnell College (1977) and an MA in English literature from Columbia University. After working five years in various roles as sous directeur (deputy director), assistant comptroller, and vice president for Banque Indosuez, Chambers joined S&P in 1993. He became deputy head of S&P's Sovereign Debt Ratings Group in 1997.
References
- ^ Buiso, Gary; Burke, Cathy; Roberts, Georgett (7 August 2011). "Downgrade 'doer' was no biz wiz". New York Post. Retrieved 2013-02-17.
Yet John Chambers, 55,...has became [sic?] the stern public face of Standard & Poor's, the private agency that wreaked havoc Friday night by notching down the nation's credit to double-A from triple-A.
- ^ Dallas, George S. (2004). Governance and risk: an analytical handbook for investors, managers, directors, and stakeholders. McGraw-Hill. pp. xviii–xix. ISBN 9780071429542.
- "S&P's Chambers Says U.S. Debt Problems Need Bipartisan Solution". Bloomberg.com. 2011-08-11. Retrieved 2024-07-02.
- Schwartz (7 August 2011). "S&P takes heat, defends its U.S. downgrade". Indiatimes.com. Retrieved 2024-07-02.
- Making the Call on U.S. Credit Rating. Wall Street Journal, July 22, 2011
- "Iowa Band - Development | Grinnell College". Archived from the original on 2012-03-17. Retrieved 2011-08-08.
- ^ "Arab Bankers Association of North America - John B. Chambers, CFA". Archived from the original on 2011-10-08. Retrieved 2011-09-14.
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