Kroll on S&P's Sharma, Credit Rating Companies

Aug. 23 (Bloomberg) -- Jules Kroll, founder and chief executive officer of Kroll Bond Ratings Inc., and Bloomberg's Jim Sterngold talk about Standard & Poor's decision to replace President Deven Sharma with Citibank NA Chief Operating Officer Douglas Peterson. Kroll and Sterngold also discuss the outlook for credit rating companies. They speak with Pimm Fox on Bloomberg Television's "Taking Stock." Bloomberg's Jim Sterngold also speaks. (Source: Bloomberg)