Fitch downgrade a belated vindication for S&P analyst who stripped U.S. of prized rating

U.S. treasury secretary Janet Yellen saw her government's debt downgraded by Fitch. (Credit: Kevin Dietsch—Getty Images)

It was a long time coming but Nikola Swann can finally claim he was right and the most powerful person on Earth was wrong. 

Back in 2011, the chartered financial analyst served as Standard & Poor’s director for sovereign credit ratings, a position in which he clashed with the Obama administration over the unsustainable trajectory of America’s debt.