David T. Beers

David T. Beers
Alma materUniversity of Virginia
London School of Economics
Occupationfinancial analyst

David T. Beers is a financial analyst and until December 2011 was head of sovereign credit ratings for credit rating agency Standard & Poor's (S&P).[1] In August 2011, Beers earned significant attention as the S&P executive responsible for downgrading the credit rating of United States Treasury bonds to AA+. Prior to this, the United States had maintained a AAA credit rating since 1941.[2] He lives in London.[3] In January 2012, Beers announced his appointment, effective February 1, as Special Adviser to the Governor of the Bank of Canada.

  1. ^ Hasan, Mehdi (August 5, 2011)."The US should let its credit rating be downgraded – and shrug". Guardian. Retrieved August 16, 2011.
  2. ^ Paletta, Damian (July 22, 2011). "Making the Call on U.S. Credit Rating". Wall Street Journal. Retrieved August 16, 2011.
  3. ^ Foley, Stephen (August 8, 2011). "S&P's powerful chief steps out of the shadows". The Independent. London.