Talk:S&P Global Ratings

message: What is the origin of the name of this company? Anyone?
:A short bit about the company's origins and that of it's name is now included in the Corporate History section.  Further information can be found on S&P's website (follow the "History of Standard & Poor's" external link). Richc80 06:57, 22 April 2007 (UTC)
thread_title:  Origin? 

message: Any chance of showing some example ratings, or a colour-coded map?
The effect they can have might also be good.Larklight (talk) 17:29, 26 January 2008 (UTC)
thread_title: Ratings

message: How does Standard & Poor's profit from publishing their indices? The information is freely available to anyone. I think there ought to be a short paragraph explaining this. I'm curious as to how the indices are profitable, and I'm sure many others are as well.  —Preceding unsigned comment added by 142.36.45.136 (talk) 20:35, 31 October 2008 (UTC)
thread_title:  Indices 

message: This France24 Report is largely a criticism http://www.france24.com/en/2010-04-28-Greece-Spain-Portugal-credit-ratings-downgraded (of the type "They weren't accurate on a Sub-prime Mortgage Crisis, why are they reliable now that they downgrade largely European countries?". --212.54.199.46 (talk) 16:19, 30 April 2010 (UTC)
thread_title:  Source for Criticism section 

message: One thing to consider, Standard & Poor's never publicly admitted to making an error on the $2 trillion dollar discrepancy for projected discretionary spending growth. S&P states in a press release (http://www.standardandpoors.com/servlet/BlobServer?blobheadername3=MDT-Type&blobcol=urldata&blobtable=MungoBlobs&blobheadervalue2=inline%3B+filename%3DPressReleaseAug6.pdf&blobheadername2=Content-Disposition&blobheadervalue1=application%2Fpdf&blobkey=id&blobheadername1=content-type&blobwhere=1243943612380&blobheadervalue3=UTF-8) 
"In response to questions, Standard & Poor’s today said that the ratings decision to
lower the long-term rating to AA+ from AAA was not affected by the change of assumptions regarding the pace of discretionary spending growth. In the near term horizon to 2015, the U.S. net general government debt is projected to be $14.5 trillion (79% of 2015 GDP) versus $14.7 trillion (81% of 2015 GDP) with the initial assumption.
We used the Alternative Fiscal Scenario of the nonpartisan Congressional Budget Office (CBO), which
includes an assumption that government discretionary appropriations will grow at the same rate as nominal GDP. In further discussions between Standard & Poor’s and Treasury, we determined that the CBO’s Baseline Scenario, which assumes discretionary appropriations grow at a lower rate, would be more consistent with CBO assessment of the savings set out by the Budget Control Act of 2011.
Our ratings are determined primarily using a 3-5 year time horizon."
S&P's President, Deven Sharma, also alludes to this in an interview with Fortune Magazine, http://finance.fortune.cnn.com/2011/08/09/sp-president-obama-knows-the-problem-is-serious/ 
INTERVIEWER: S&P's competence has been called into question by the Treasury because of a $2 trillion error that your analysts made when they looked at the U.S. debt situation.
Deven Sharma: Let me clarify. This was not an error. It was a change in assumptions based on conversations we had with the issuer. That is part of the ratings process for any credit [including corporate, sovereign, and structured credit]. We talk to the issuer. If they have feedback, we listen. If we agree, we have no qualms about saying that we will adjust our analysis.
While widely disputed and reported in the media, this was not an error but rather a change in assumption that had very little effect on S&P's decision to downgrade the U.S. Sovereign.   — Preceding unsigned comment added by Bigyinzer43 (talk • contribs) 17:52, 17 August 2011 (UTC)
thread_title:  Criticism line 

message: We see in all American rating companies there is a definite bias favoring US economy and under rating other countries to prove that US is superior by any standard. Why we do not have a rating organization managed by UN to avoid this, not so repliable rating system? As we clearly see that US standards are not up to the mark now but they are kept at AAA or AA+ how is it? Pathare Prabhu (talk) 05:47, 22 September 2012 (UTC)
thread_title:  Alternative to these American Standard rating companies 

message: The map shows korea in Gray which means "not rated or below B", but Korea has the foreign Rating of A,
Korea (Republic of) A+ A AA- 
Link to S&P's list:
http://www.standardandpoors.com/ratings/sovereigns/ratings-list/en/us/?subSectorCode=&start=50&range=50  — Preceding unsigned comment added by 96.254.174.168 (talk) 02:43, 6 August 2011 (UTC)
replies: text: I've removed [[:File:World 
countries by Standard & Poor's ratings 20110805.png|the map]]. It shows the U.S. as AA, while the cited source gives AAA. - SummerPhD (talk) 03:30, 6 August 2011 (UTC)
replies: text: Map is correct.  US is now AA+, not AAA.  — Preceding unsigned comment added by 68.38.35.169 (talk) 03:48, 6 August 2011 (UTC)
replies: text: The source for the map says AAA. If the map is using another source, it needs to cite that source. - SummerPhD (talk) 04:12, 6 August 2011 (UTC)
replies: text: That separate source was previously given only in the image main page in Commons, but I've reinserted it now with that separate reference included here as well. Mikael Häggström (talk) 06:17, 7 August 2011 (UTC)
replies: text: And what about the Korea concern? - SummerPhD (talk) 16:27, 7 August 2011 (UTC)

text: Understood and never disputed. The dispute was on the cited source not stating this. Now it does. (Moody's and Fitch were not being discussed here. - SummerPhD (talk) 19:18, 9 August 2011 (UTC)
thread_title:  Colored Map - Sovereigns listings by Standard & Poor's  

message: Should the article mention that Standard & Poor is under a criminal investigation in Italy ?
* http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8682558/SandPs-and-Moodys-face-Italian-raids.html
* http://www.guardian.co.uk/world/2011/aug/04/police-raid-milan-moodys-standard-poors
* http://www.thefirstpost.co.uk/82699,business,italy-raids-moodys-and-standard-and-poors  — Preceding unsigned comment added by Rps (talk • contribs) 15:02, 6 August 2011 (UTC)
thread_title:  Police raids in Italy 

message: I removed the claim that S&P had not rated these banks. Kaupthing's own website says that they did, and this press release says that they took a bright view of Landsbanki. The claim might have been based on this UK Treasury memorandum, but the Treasury were only talking about the banks' UK subsidiaries. --Heron (talk) 16:35, 6 August 2011 (UTC)
thread_title:  Kaupthing & Landsbanki 

message: Various editors are attempting to impute a partisan motivation to the credit downgrade by selectively citing the political donations of Harold McGraw, CEO of S&P's parent company, without citing any actual reliable sources. This is clearly in violation of multiple WP policies, including WP:BLP, WP:RS to name but two. There is practically no way to maintain NPOV in this article if we start using political contributions as a proxy for assumed political bias in the credit decision process. Ronnotel (talk) 17:52, 8 August 2011 (UTC)
replies: text: The material is sourced to the FEC website where Harold McGraw's contributions are listed. As well, it sounds to me like you're projecting "assumed political bias" into the inclusion of provable facts. 71.175.53.120 (talk) 18:18, 8 August 2011 (UTC)
replies: text: Please see WP:RS - use of primary sources, such as the FEC political donors directory, is not adequate for supporting controversial assertions, particularly when the information concerns biographies of living persons. We need rigorously researched articles from top quality sources for this type of content. Ronnotel (talk) 19:03, 8 August 2011 (UTC)

text: The reason we do this is because, presumably, a balanced, neutrally written journal article would note the contribution histories of all executives - for instance, the President of S&P donates (nearly) exclusively to Democrats - and if there is any such lopsideness, whether there is any reason to believe it had an impact on the credit decision. Simply scanning the list of contributions for an executive that contributed to one side or the other is not objective and not NPOV. Ronnotel (talk) 19:15, 8 August 2011 (UTC)
replies: text: There is no controversial assertion here. You're fabricating that. Also the WP:RS has no prohibition against using the FEC as a source. It's not even mentioned. You repeatedly delete the material even though other people restore it. You're obviously pushing a POV here by using loaded terms like "controversial assertion" and your user page shows this is not the first time you've engaged in an edit war like this. Edit wars like you're conducting violate Wikipedia policy. 64.38.198.60 (talk) 20:09, 8 August 2011 (UTC)
replies: text: It's well established WP policy (WP:BLPPRIMARY) that controversial material must be supported by reliable sourcing, even more so when the subject is a living person. In fact, WP:BLP requires that any such material is aggressively removed until it can be supported by strong sourcing. The fact that no such sourcing has been provided should be taken as a sign that the underlying assertion is not encyclopedic and there must not be included. Please restrict your comments to the content, and not the contributor. Review the relevant policies I have cited - they are there for a reason. Material that fails to meet these policies will be removed. Ronnotel (talk) 21:24, 8 August 2011 (UTC)
replies: text: Great job at showing bias. You continuously engage in edit warring then protect your own pages as an administrator. You're a good example of why Wiki is going in the toilet. 208.83.63.222 (talk) 23:21, 8 August 2011 (UTC)
replies: text: Mostly at present, the addition of this material violates two tenets of Wikipedia.  First, the conclusions drawn, either explicitly or implicitly, must be supported by "reliable, third-party, published sources with a reputation for fact-checking and accuracy." (See WP:Identifying reliable sources) While the Federal Election Commission data is considered to be reliable, it is not a third-party analysis of the conclusion inferred in the content which is being added to the article. Therefore, it cannot be added as written.  ADDITIONALLY, when content is added, and then is challenged by another editor, the appropriate procedure is to seek WP:CONSENSUS.  "When there is a more serious dispute over an edit, the consensus process becomes more explicit. Editors open a section on the talk page and try to work out the dispute through discussion."  This was not done.  Simply stating "this is my opinion, so I'm changing it" is not consensus.  If there is a BLP concern, or a challenge to material, the preferred process is to withhold the addition until a new consensus can be achieved. -- Avanu (talk) 23:49, 8 August 2011 (UTC)
replies: text: Your analysis is flawed because you're incorrectly assuming there was a "conclusion inferred" and incorrectly assuming there were "conclusions drawn, either explicitly or implicitly." The material in question are facts, just like someone's date of birth is a fact or the recorded temperature on a certain day in a certain place is a fact. McGraw's donations to the Republican Party and Republican candidates are irrefutable facts verified by the definitive source on the subject, which is the Federal Election Commission. Unless you have some source that the FEC website was hacked and incorrect information inserted about McGraw, your objection is irrelevant. Further, couching this as an issue germaine to the "biographies of living persons" policy is a ludicrous overreach. There is nothing defamatory about stating verified facts. As well, your admonition about consensus should be directed at the user who originally kept removing this material. He/she made no attempt to seek a consensus when, in fact, several editors supported inclusion of the material in question. 64.38.197.209 (talk) 02:22, 9 August 2011 (UTC)
replies: text: The material being added was placed in a section called "Criticism".  Please provide a source for how this material is 'critical' of Harold W. McGraw or Standard & Poor's.  If FEC merely reports 'facts' as you say, then how do we come to the conclusion this is a 'criticism'? -- Avanu (talk) 02:35, 9 August 2011 (UTC)

text: Your POV and bias are demonstratable. You keep saying "no sourcing has been provided." Sourcing has been provided -- the Federal Election Commission. The fact that you say something wasn't provided, when in fact it was provided, demonstrates how you are distorting and shading the facts to suit your purpose. Instead of saying "the source wasn't sufficient," you distorted the facts by saying no source was provided. You're saying something doesn't exist, when it does exist, in order to push your POV. As well, you once again try to distort the real issue here by saying "restrict your comments to the content, and not the contributor." You are the issue. You are biased. Your bias is relevant. You're trying to distort the facts and then misapplying Wikipedia policy as your rationale. Primary sources are allowable. The Federal Electon Commission is the definitive source as a matter of law. It's not somebody's blog. All Harold McGraw's donations to Republican candidates and the Republican party are spelled out in detail, with date of donation and amount given, on the Federal Elections Commission website. You are trying to hide facts with a distortion of Wikipedia policy as a rationale for your bias. Further, you are mischaracterizing the contributions of editors by subjective conclusions as to why they may edits; for example, you state "editors are attempting to impute a partisan motivation." You have no way of knowing that. You are therefore making assumptions without evidence, then concluding your assumptions are factual. That again demonstrates your bias. You have lept to a conclusion based on subjective guesstimations and then are selectively looking for a rationale to buttress your bias. 64.38.197.209 (talk) 02:07, 9 August 2011 (UTC)
replies: text: You assert that primary sources are allowable. However, the policies I read, such as WP:BLPPRIMARY, specifically warn against using primary sources to support assertions, particularly about living people. Instead, they encourage the use of reliable secondary sources, which makes it easier to avoid engaging in original research, which is also prohibited by policy. You feel strongly that Mr. McGraw's history of political activity is an important== aspect worthy of mentioning in this page. However, please understand that it may not seem as important to others. In order to be persuasive, you need to show evidence your concerns have been considered relevant by sources that everyone can agree on as unbiased. In other words, you need reliable sourcing, which means more than just looking up some random facts in an Internet database. You need bylined articles from respected publictions that have a history of thoroughly researching and editing topics, particularly when they are controversial. You would also need to show how citing such an article is relevant to a page describing S&P. These rules and policies are commonly enforced across all WP and protect the pages of people you may or may not disagree with poltically. You'll be a more effective editor if you become more familiar with them. Ronnotel (talk) 02:54, 9 August 2011 (UTC)
replies: text: Indeed this sort of OR misuse of primary sources is rather common but unacceptable. It's questionable if it belongs in the Harold McGraw page. It definitely doesn't belong here. And I would say the same even if the person involved was dead. Nil Einne (talk) 22:20, 9 August 2011 (UTC)
thread_title:  Contribution history 

message: Having a separate "Criticisms" section is an inferior method of reporting significant criticisms, if it's used to ghettoize the information.  Where possible, reports of conflicting opinions should be integrated into the appropriate section of the article, so that a reader who focuses only on that section will get a full presentation of the topic.  Therefore, I'm restoring the report of the Treasury's criticism of the downgrade to the section about the downgrade. JamesMLane t c 18:04, 13 August 2011 (UTC)
thread_title:  Reporting criticisms 

message: Two separate admins have issued semi-protections, one of the article and one of the talk page.  The result is that the anon editor who was discussing the McGraw campaign contributions has been completely blocked out.
The semi-protection policy states that semi-protection may include "Article discussion pages, when they have been subject to persistent disruption. Such protection should be used sparingly because it prevents unregistered and newly registered users from participating in discussions. A page and its talk page should not both be protected at the same time."
Here, I don't see persistent disruption of the talk page, just the legitimate expression of opinions (most of them contrary to mine, but not disruptive).  Also, although no one editor violated the rule about protecting both pages, the effect is a violation.  I strongly suggest that the talk page be unprotected. JamesMLane t c 18:42, 13 August 2011 (UTC)
thread_title:  Page protection completely blocks the anon editor 

message: The text names one of the founders of the current company both as "Henry Varnum Poor" and simply "Henry Varnum." No explanation is given for leaving off his last name in the second citation. If his name officially changed, it should be so indicated. If not, the name Poor ought to be included.
"The company traces its history back to 1860, with the publication by Henry Varnum Poor of History of Railroads and Canals in the United States. This book was an attempt to compile comprehensive information about the financial and operational state of U.S. railroad companies. Henry Varnum went on to establish....."
184.98.118.64 (talk) 18:55, 22 September 2011 (UTC)
replies: text: Done. That was an error. Also vandalism of founder name in infobox, which I corrected.--FeralOink (talk) 07:21, 12 February 2013 (UTC)
thread_title:  History heading 

message: This article has no discussion of the president stepping down and the box showing Deven Sharma as president has been incorrect since august 23 2011.  Fix it.
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8717356/SandP-president-Deven-Sharma-steps-down-just-weeks-after-credit-rating-agency-stripped-US-of-AAA-credit-rating.html
4.249.63.23 (talk) 23:46, 26 September 2011 (UTC)
replies: text: Is that a request? Daisyfi (talk) 23:17, 14 December 2011 (UTC)
replies: text: User 4.249.63.23 has an attitude problem. I corrected the president's name.--FeralOink (talk) 07:23, 12 February 2013 (UTC)
thread_title:  missing and incorrect data 

message: In the ratings section, this article describes most of the ratings just by saying what Moody's rating they're equivalent to. This should be rewritten.  Liam987 18:33, 27 February 2012 (UTC)
thread_title:  Ratings 

message: Has S&P ever before been sued by a sovereign nation, and what was the outcome if so? It would seem to have a bearing on the current suit being brought against S&P by the U.S. If they have never been sued before, it's unprecedented, if they have and lost more often, it seems likely they would lose again (but how have they stayed in business?), and if sued and S&P won more often, it would seem likely they would win again, except that the U.S. might be more likely to make a successful suit. 
It seems to me that I read of attempted and largely unsuccessful suits somewhere (other WP pages?), but I have no sources to point out at the moment. Thanks for any help. TheLastWordSword (talk) 17:23, 5 February 2013 (UTC)
replies: text: No, I don't recall that any sovereign nation ever sued S&P prior to now. The primary reason is because S&P does not charge any fees, to anyone, for its sovereign credit ratings. The currently outstanding U.S. Department of Justice charges against S&P are not for breach of commercial law, e.g. failing to deliver a service to a paying customer. Instead, the lawsuit is based on other, broader grounds, for which I don't know the correct terminology. --FeralOink (talk) 22:49, 11 February 2013 (UTC)
replies: text: I just confirmed: No history of sovereign nation lawsuits in the past.--FeralOink (talk) 07:25, 12 February 2013 (UTC)
replies: text: I don't know about the issue of 'sovereign nation' lawsuits, but I have added in the Federal Court of Australia's Jagot J Nov 12 decision regarding S&P's joint liability in the case of Bathurst Regional Council v Local Government Financial Services Pty Ltd. About those TPS reports... (talk) 06:46, 20 March 2013 (UTC)
replies: text: Good find, TimTamtyrant!  Thank you for including that. I said "sovereign nation" because I was referring to sovereign debt, which is also known as government debt. Australia of course is a sovereign nation. Any nation state recognized by the United Nations is a "sovereign nation".--FeralOink (talk) 21:25, 28 May 2017 (UTC)
thread_title:  History of Litigation by Sovereign Nations 

message: As part of rating bonds, S&P assigns an 'equity content'.
http://www.contactenergy.co.nz/web/mediaandpublications/pressreleases/2013/2013-04-03-capitalbondsdue2042standardpoorschangeinequitycred
http://www.interest.co.nz/bonds/64699/standard-poors-change-equity-content-criteria-sees-genesis-exercise-right-change-terms-e
It would be nice to know what this means, and what the implications are.
ArthurDent006.5 (talk) 04:16, 7 June 2014 (UTC)
thread_title:  Equity content of rated bonds 

message: Hello fellow Wikipedians,
I have just added archive links to  on Standard & Poor's. Please take a moment to review my edit. If necessary, add  after the link to keep me from modifying it. Alternatively, you can add  to keep me off the page altogether. I made the following changes:
*Added archive http://web.archive.org/web/20130215110506/http://www.standardandpoors.com:80/about-sp/timeline/en/us to http://www.standardandpoors.com/about-sp/timeline/en/us/
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thread_title:  External links modified 

message: Standard & Poor's has reorganized since the External Links section was last edited. Its main identity is S&P Global, so I kept that external link. There are now three divisions of S&P Global:
# S&P Global Ratings
# S&P and Dow Jones Indices
# S&P Market Intelligence
S&P Market Intelligence is primarily subscription products, e.g. Capital IQ. One of them, NetAdvantage was listed in the external links. I deleted it and any others for the Market Intelligence products, because they are just subscriber portals with no other informaiton.
I removed links to a 3rd party subscription service selling S&P ratings reports, and some spammy stuff. I removed the link to corporate governance scores, as S&P stopped issuing them in 2005.
The two articles about the government lawsuit of S&P from 2013 don't belong in the External Links section, as they were written about one aspect of the case while it was in progress. This talk page discusses it in great detail. Instead, I will look for a suitable summary of the outcome of the case, which resulted in S&P being fined a huge amount of money by the US government and being subject to years of regulatory scrutiny to ensure that it changed its ways of doing business.--FeralOink (talk) 21:45, 28 May 2017 (UTC)
thread_title:  External Links update 

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I have just modified 2 external links on Standard & Poor's. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
*Added archive https://web.archive.org/web/20150702173115/http://www.standardandpoors.com/servlet/BlobServer?blobheadername3=MDT-Type&blobcol=urldata&blobtable=MungoBlobs&blobheadervalue2=inline%3B+filename%3DPressReleaseAug6.pdf&blobheadername2=Content-Disposition&blobheadervalue1=application%2Fpdf&blobkey=id&blobheadername1=content-type&blobwhere=1243943612380&blobheadervalue3=UTF-8 to http://www.standardandpoors.com/servlet/BlobServer?blobheadername3=MDT-Type&blobcol=urldata&blobtable=MungoBlobs&blobheadervalue2=inline%3B+filename%3DPressReleaseAug6.pdf&blobheadername2=Content-Disposition&blobheadervalue1=application%2Fpdf&blobkey=id&blobheadername1=content-type&blobwhere=1243943612380&blobheadervalue3=UTF-8
*Added archive https://web.archive.org/web/20110716033737/http://www.securitiestechnologymonitor.com/news/-24275-1.html to http://www.securitiestechnologymonitor.com/news/-24275-1.html
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thread_title:  External links modified (January 2018) 

message: Hi, I'm incredibly unexperienced with editing Wikipedia but I noticed the current revenue statistic for this company is from 2009 which does not reflect its status as the leader of its industry. (Moody's Ratings the largest competitor has a 2021 revenue listed on Wikipedia which dwarfs the 2009 rating of S&P.). Their 2022 revenue was $11,482 Billion USD according to their internal reports "https://www.spglobal.com/en/annual-reports/2022/financial-highlightsA". Slamdog1er (talk) 08:53, 8 March 2024 (UTC)
thread_title:  Revenue Update