June 4, 2020· 32 min

How The Transition Away From LIBOR Is Actually Going

Orality
Model
91%
Highly oral (epic poetry, sermons, hip-hop)

Speaker Breakdown

HostTracy Alloway(940 words)
M:29%
HostJoe Weisenthal(808 words)
M:28%
GuestTom Wipf(4,073 words)
M:28%

Oral Indicators

Agonistic38%
amazing, obviously, absolutely
Engagement81%
you, our, your
Memory Aids100%
listen, like, so
Repetition100%
know (96x), think (62x), libor (56x)
Parallelism100%
And I'm Joe Weisenthal...., So, Joe, I think on our last r..., But you know what?...
Sound Patterns44%
28 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases13%
you know what, i mean, to be honest

Literate Indicators

Hedging11%
may, could, maybe
Passive Voice7%
was based, were forced, was then
Abstract Nouns23%
investment, community, business
Subordination13%
because, additionally, until
Sentence Length56%
Avg: 19.1 words/sentence
Word Complexity45%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style19%
515 personal pronouns found
Descriptive Style100%
apply, actually, obviously

Description

Welcome to Part IV of the Odd Lots LIBOR series, in which Tracy Alloway and Joe Weisenthal take a look at life after LIBOR, the interest rate tied to more than $350 trillion worth of financial assets. It's one thing to talk about transitioning away from LIBOR, but it's another thing to actually do it. On the fourth episode of the series, we speak with Tom Wipf, Vice Chairman of Institutional Securities at Morgan Stanley, and the chair of the committee charged with sunsetting the rate. He takes us inside the effort to replace an interest rate that is entrenched in millions of financial contracts and tells us how it’s going. See omnystudio.com/listener for privacy information.