Excerpt:
Standard & Poor's |
Empowering Investors and Markets for 150 yearsStandard & Poor's (S&P), a part of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of credit ratings. With offices in 23 countries, S&P is an important part of the world's financial infrastructure and has played a leading role for 150 years in providing investors with information and independent benchmarks for their investment and financial decisions.
A global leader in credit ratings and credit risk analysis, S&P provides objective and independent opinions on credit risk. S&P's public ratings are disseminated broadly and free of charge to recipients all over the world on http://www.standardandpoors.com/. S&P's worldwide ratings organization builds upon its extensive knowledge and deep insight through its focus on sectors, type of debt, and geographic location. Analytical teams assess issuers and debt obligations of corporations, financial institutions, insurance companies, states and municipalities, and sovereign governments, and provide insight into the credit risk associated with securitized instruments.
Globally, S&P rated more than $4 trillion in new debt and published more than 870,000 new and revised ratings in 2009.
http://en.wikipedia.org/wiki/News_Corporation (This sounds very much like the Bilderbergs meeting?) ...cal
Excerpt:
Annual conference
News Corporation organises an annual management conference, discussing media issues related to geopolitics. Attendees include News Corporation executives, senior journalists, Politicians and Celebrities. Previous events were in Cancun, Mexico, and the Hayman Island off the coast of Australia. The events are private and secretive, there are no records available for the agenda or talks given at the conferences, and no uninvited journalists are permitted access.[36]
The 2006 event in Pebble Beach, California was led by Rupert Murdoch. According to a copy of the agenda leaked to the Los Angeles Times and other media accounts,[37] issues discussed related from Europe to broadcasting and new media, terrorism to the national policy.[38] The event included speeches from Rupert Murdoch, Governor Arnold Schwarzenegger, former British Prime Minister Tony Blair, Bono, Al Gore, Senator John McCain and Bill Clinton while Israel's President, Shimon Peres, appeared on a panel named "Islam and the West". Other notable attendees included Newt Gingrich and Nicole Kidman.
[edit] Political donations
In anticipation of US midterm elections, News Corp. donated $1 million to the Republican Governors Association in June 2010. The move was criticized by Democrats who said this was evidence of News Corp's media outlets conservative leanings (see Fox News Channel controversies). The Democratic Governors Association also criticized the donation and demanded more transparency in the reporting by News Corp companies. DGA head Nathan Daschle wrote to the chairman of News Corp company Fox News, Roger Ailes: "In the interest of some fairness and balance, I request that you add a formal disclaimer to your coverage any time any of your programs covers governors or gubernatorial races between now and election day."[39]Around the same time, News Corp. also donated $1 million to the United States Chamber of Commerce. The Chamber aggressively supported the Republican effort to retake Congress in 2010.[40] This donation and an earlier $1 million contribution that News Corp. made to the Republican Governor's Association led media critics to question whether the company had crossed an ethical line for a media company.[40]
http://www.sourcewatch.org/index.php?title=The_McGraw-Hill_Companies
Excerpt:
The McGraw-Hill Companies is a textbook publisher based in New York City and according to Hoovers is "one of the world's largest producers of textbooks, tests, and related materials, serving the elementary, secondary, and higher education markets. McGraw-Hill is a leading supplier of financial and business information services, providing indexes and ratings for both domestic and overseas markets through Standard & Poor's. In addition, it publishes BusinessWeek magazine, as well as trade journals and other industry content (Aviation Week, McGraw-Hill Construction). The firm also creates professional training and development materials, and operates nine TV stations (four ABC affiliates and five Azteca America affiliates)."
Top competitors are Houghton Mifflin, Moody's, and Pearson. [1]
http://newyork.construction.com/features/archive/2009/06_C_UnitedNationsHeadquarters.asp
Excerpt:
Feature Story - June 2009 | ||
United Nations Headquarters $1.9 billion So far, the multi-pronged campaign – which will renovate about 2 million sq ft of office and public spaces in five buildings, while also renovating, fitting out or building another 1.1 million sq ft of swing space and parking garages – is keeping to a revised schedule approved by the UN’s 192-member nations in 2007. It broke ground last year. |
http://spitfirelist.com/news/mcgraw-family-owners-of-s-p-are-longtime-intimates-of-the-bush-family/
Excerpt:
McGraw Family (Owners of S & P) are Longtime Intimates of the Bush Family
COMMENT: Standard and Poor’s is owned by publishing giant McGraw-Hill. In the wake of S & P’s downgrade of U.S. bonds’ rating from AAA (for the first time in history), it comes as no great surprise that the McGraw family are long time associates of the “Family of Secrets.”
This multi-generational association goes back to the 1930’s, when Joseph and Permelia Pryor Reed (daughter of Bush/Walker associate Samuel Pryor), established Jupiter Island as a playground for the Northeastern power elite.
McGraw-Hill chief Deven Sharma worked for Dresser Industries, now a division of Halliburton and a long time jewel in the Bush/Harriman corporate tiara. Dresser was George H.W. Bush’s first real job after his graduation from Yale.
One must wonder, also, who was the “mystery investor” who made the better part of a $billion on the downgrade?
Similar profiteering took place upon the occasions of the JFK assassination and 9/11. The Bush milieu was deeply involved in the events of 11/22/1963 and 9/11/2001.
“Reading Between the Lines” by Stephen Metcalf; The Nation; 1/10/2002.
EXCERPT: . . . . While critics of the Bush Administration’s energy policies have pointed repeatedly to its intimacy with the oil and gas industry–specifically the now-imploding Enron–few education critics have noted the Administration’s cozy relationship with McGraw-Hill. At its heart lies the three-generation social mingling between the McGraw and Bush families. The McGraws are old Bush friends, dating back to the 1930s, when Joseph and Permelia Pryor Reed began to establish Jupiter Island, a barrier island off the coast of Florida, as a haven for the Northeast wealthy. The island’s original roster of socialite vacationers reads like a who’s who of American industry, finance and government: the Meads, the Mellons, the Paysons, the Whitneys, the Lovetts, the Harrimans–and Prescott Bush and James McGraw Jr. The generations of the two families parallel each other closely in age: the patriarchs Prescott and James Jr., son George and nephew Harold Jr., and grandson George W. and grandnephew Harold III, who now runs the family publishing empire.
The amount of cross-pollination and mutual admiration between the Administration and that empire is striking: Harold McGraw Jr. sits on the national grant advisory and founding board of the Barbara Bush Foundation for Family Literacy. McGraw in turn received the highest literacy award from President Bush in the early 1990s, for his contributions to the cause of literacy. The McGraw Foundation awarded current Bush Education Secretary Rod Paige its highest educator’s award while Paige was Houston’s school chief; Paige, in turn, was the keynote speaker at McGraw-Hill’s “government initiatives” conference last spring. Harold McGraw III was selected as a member of President George W. Bush’s transition advisory team, along with McGraw-Hill board member Edward Rust Jr., the CEO of State Farm and an active member of the Business Roundtable on educational issues. An ex-chief of staff for Barbara Bush is returning to work for Laura Bush in the White House–after a stint with McGraw-Hill as a media relations executive. John Negroponte left his position as McGraw-Hill’s executive vice president for global markets to become Bush’s ambassador to the United Nations. . . .
http://www.sourcewatch.org/index.php?title=John_D._Negroponte
Excerpt:
Despite his complicity in supporting Nicaraguan death squads during the Iran-Contra affair and his support of the brutal military dictatorship of General Gustavo Alvarez MartÃnez in Honduras, Negroponte's Senate confirmation as U.S. Ambassador to Iraq went smoothly.
http://www.sourcewatch.org/index.php?title=Diana_Villiers_Negroponte
Excerpt:
Diana Negroponte "is an adjunct faculty member at Fordham University. She has studied and taught at Georgetown University in Washington, D.C. In the 1980's and again in 1997, Mrs. Negroponte practiced international trade law with Paul, Hastings, Janofsky & Walker. She also worked with the American Chamber of Commerce in Mexico City in preparation for the North American Free Trade Agreement.
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