As for how much Citi profited from LIBOR manipulation, that hard to say. It really not easy to figure out the extent to which each department relied on the published LIBOR to determine their own rates, and even if you could do it I suspect it would be close to a wash. If anything, I be surprised if they didn lose money, since lenders were the real losers with the suppressed LIBOR during this time.
The story unfolds more or less in the same manner as Disney’s other lone journey films, like The Lion King and Hercules, and the soundtrack provides an easy road map: the introduction song, the yearning song, the goofy personality song. (We can only hope Moana’s numbers will peacefully fade onto Greatest Hits soundtracks before they turn on us like “Let It Go.”) Ron Clements and John Musker, whose previous features include The Little Mermaid and The Princess and the Frog, were the driving forces behind Moana’s vision. Often that approach works, as in the excellent Zootopia earlier this year.
Marx used this method to explain why feudalism carried with it strong sentiments of loyalty, fiefdom and chivalry. In the same vein, The Communist Manifesto showed how capitalism initiated the idea and practice of freedom and how, as a consequence, it made tremendous progress. Marx lavishly praised the bourgeoisie for the huge advances they brought about in a few decades, which would have been unimaginable in the past..
Mumford is a thoughtful, bookish chap from a learned background. He briefly read Classics at Edinburgh University, before abandoning his degree to concentrate on music. His brother, James, has a PhD from Oxford and is a senior researcher with the independent Westminster think tank The Centre for Social Justice.
Refreshingly, there were no novelty contestants or deluded nutjobs. No one got near the cameras unless they could sing. This meant that in contrast to the cruel (if amusing) bearpit of The X Factor auditions, The Voice was warmer about music not mockery, constructive criticism rather than barbed put downs.
He says in Sound Reporting that he has spent lifetime trying to pull out of All Things Considered. But, But now, every member of the Washington desk is poised to send an email that points out they often have to say officials or House officials or Department officials or some variation of those words that their sources insist on. We understand.
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