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[放炮] Geithner said U.S. would respond to S&P downgrade: report

Ex-U.S. Treasury Secretary Tim Geithner told the chairman of McGraw Hill Financial Inc. in 2011 that the U.S. would respond to Standard & Poor’s downgrade of the country’s debt, Bloomberg is reporting Tuesday.

In a court statement, Chairman Harold McGraw said Geithner called him on Aug. 8, 2011, after the McGraw Hill division S&P was the only credit-ratings company to downgrade the U.S. debt.

According to the filing, Geithner told McGraw: “S&P’s conduct would be looked at very carefully.

“Such behavior would not occur, he said, without a response from the government.”

S&P filed documents in federal court in California on Monday as part of a request to force the U.S. to hand over potential evidence the company says will support its claim that the government filed a fraud lawsuit against S&P in 2013 in retaliation for its downgrade of the U.S. debt in 2011.
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