S&P Jumps Into Politics Again

S&P Jumps Into Politics Again

Scott Eells/Bloomberg

Pedestrians pass in front of Standard & Poor's Financial Services LLC in New York, U.S. Bondholders questioned the timing of S&P’s move, with European Union leaders planning to meet Dec. 8-9 in Brussels to end a crisis that led to bailouts of Greece, Ireland and Portugal, and now threatens to engulf Italy.