Geithner Lashed Out At S&P Over US Downgrade, S&P Says

Law360, New York (January 21, 2014, 8:43 PM EST) -- Former U.S. Treasury Secretary Timothy Geithner lashed out against Standard & Poor's days after the ratings agency downgraded the U.S. in 2011, allegedly saying in a phone call to S&P parent McGraw-Hill Cos. Inc.’s CEO that the move was an “enormous disservice” to the nation, the ratings agency claimed Monday.

Geithner told Harold McGraw III in an August 2011 phone call that the ratings agency had made a ““huge error”” that it would be held ““accountable” for, according to a discovery motion filed Monday by S&P,...
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