where does the name standard and poor's come from
Standard & Poor's In 1941, Paul Talbot Babson purchased Poor's Publishing and merged it with Standard Statistics to become Standard & Poor's Corp. In 1966, the company was acquired by The McGraw-Hill Companies, extending McGraw-Hill into the field of financial information services.[4]
Silver spoon Before the place setting became popular around 1700, people brought their own spoons to the table, carrying them in the same way that people today carry wallet and keys. In pre-modern times, ownership of a silver spoon was an indication of social class, denoting membership in the land-owning classes. In the Middle Ages, when farmers and craftsmen worked long hours and frequently got dirt under their fingernails, it was important to not be mistaken for a serf or escaped slave. Under these circumstances, a silver spoon served the functional equivalent of passport, driving licence, and credit card. Since most members of the land-owning classes were smallhold farmers and craftsmen, the silver spoon was primarily a lower-middle-class cultural marker.