Washington D.C. – October 22, 2008 – In testimony before the United States House Committee on Oversight and Government Reform, Deven Sharma, President of Standard & Poor’s (“S&P”), detailed S&P’s commitment to increasing transparency and restoring investor confidence to the capital markets, the role of S&P’s ratings in evaluating creditworthiness, and lessons learned from recent market events.  To view a copy of Mr. Sharma’s testimony click on TESTIMONY

BIIA Newsletter October 2008 Issue