John B. Chambers

For other people named John Chambers, see John Chambers (disambiguation).

John Burton Chambers (born c. 1955)[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.[1][6][7] After working five years in various roles as sous directeur (deputy director), assistant comptroller, and vice president for Banque Indosuez,[7] Chambers joined S&P in 1993. He became deputy head of S&P's Sovereign Debt Ratings Group in 1997.[2]

References

  1. ^ a b 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.
  2. ^ a b Dallas, George S. (2004). Governance and risk: an analytical handbook for investors, managers, directors, and stakeholders. McGraw-Hill. pp. xviii–xix. ISBN 9780071429542.
  3. ^ "S&P's Chambers Says U.S. Debt Problems Need Bipartisan Solution". Bloomberg.com. 2011-08-11. Retrieved 2024-07-02.
  4. ^ Schwartz (7 August 2011). "S&P takes heat, defends its U.S. downgrade". Indiatimes.com. Retrieved 2024-07-02.
  5. ^ Making the Call on U.S. Credit Rating. Wall Street Journal, July 22, 2011
  6. ^ "Iowa Band - Development | Grinnell College". Archived from the original on 2012-03-17. Retrieved 2011-08-08.
  7. ^ a b "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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