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Open Secret
Author: Erin Arvedlund
Publisher: Penguin
ISBN: 1101635762
Pages: 304
Year: 2014-09-25
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“Gaming the LIBOR—that is, fixing the price of money—had become just that: a game. Playing it was the price of admission to a club of men who socialized together, skied in Europe courtesy of brokers and expense accounts, and reaped million-dollar bonuses.” In the midst of the financial crisis of 2008, rumors swirled that a sinister scandal was brewing deep in the heart of London. Some suspected that behind closed doors, a group of chummy young bankers had been cheating the system through interest rate machinations. But with most eyes focused on the crisis rippling through Wall Street and the rest of the world, the story remained an “open secret” among competitors. Soon enough, the scandal became public and dozens of bankers and their bosses were caught red-handed. Several major banks and hedge funds were manipulating and misreporting their daily submission of the London Interbank Offered Rate, better known as the LIBOR. As the main interest rate that pulses through the banking community, the LIBOR was supposed to represent the average rate banks charge each other for loans, effectively setting short-term interest rates around the world for trillions of dollars in financial contracts. But the LIBOR wasn’t an average; it was a combination of guesswork and outright lies told by scheming bankers who didn’t want to signal to the rest of the market that they were in trouble. The manipulation of the “world’s most important number” was even greater than many realized. The bankers kept things looking good for themselves and their pals while the financial crisis raged on. Now Erin Arvedlund, the bestselling author of Too Good to Be True, reveals how this global network created and perpetuated a multiyear scam against the financial system. She uncovers how the corrupt practice of altering the key interest rate occurred through an unregulated and informal honor system, in which young masters of the universe played fast and loose, while their more seasoned bosses looked the other way (and would later escape much of the blame). It was a classic private understanding among a small group of competitors—you scratch my back today, I’ll scratch yours tomorrow. Arvedlund takes us behind the scenes of elite firms like Barclays Capital, UBS, Rabobank, and Citigroup, and shows how they hurt ordinary investors—from students taking out loans to homeowners paying mortgages to cities like Philadelphia and Oakland. The cost to the victims: as much as $1 trillion. She also examines the laxity of prominent regulators and central bankers, and exposes the role of key figures such as: Tom Hayes: A senior trader for the Swiss financial giant UBS who worked with traders across eight other banks to influence the yen LIBOR. Bob Diamond: The shrewd multimillionaire American CEO of Barclays Capital, the British bank whose traders have been implicated in the manipulation of the LIBOR. Mervyn King: The governor of the Bank of England, who ignored U.S. Treasury secretary Tim Geithner’s repeated recommendations to establish stricter regulations over the interest rate. Arvedlund pulls back the curtain on one of the great financial scandals of our time, uncovering how millions of ordinary investors around the globe were swindled by the corruption and greed of a few men.
Open Secret
Author: Elliot R. Wolfson
Publisher: Columbia University Press
ISBN: 023152031X
Pages: 472
Year: 2009-10-21
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Menaḥem Mendel Schneerson (1902-1994) was the seventh and seemingly last Rebbe of the Habad-Lubavitch dynasty. Marked by conflicting tendencies, Schneerson was a radical messianic visionary who promoted a conservative political agenda, a reclusive contemplative who built a hasidic sect into an international movement, and a man dedicated to the exposition of mysteries who nevertheless harbored many secrets. Schneerson astutely masked views that might be deemed heterodox by the canons of orthodoxy while engineering a fundamentalist ideology that could subvert traditional gender hierarchy, the halakhic distinction between permissible and forbidden, and the social-anthropological division between Jew and Gentile. While most literature on the Rebbe focuses on whether or not he identified with the role of Messiah, Elliot R. Wolfson, a leading scholar of Jewish mysticism and the phenomenology of religious experience, concentrates instead on Schneerson's apocalyptic sensibility and his promotion of a mystical consciousness that undermines all discrimination. For Schneerson, the ploy of secrecy is crucial to the dissemination of the messianic secret. To be enlightened messianically is to be delivered from all conceptual limitations, even the very notion of becoming emancipated from limitation. The ultimate liberation, or true and complete redemption, fuses the believer into an infinite essence beyond all duality, even the duality of being emancipated and not emancipated an emancipation, in other words, that emancipates one from the bind of emancipation. At its deepest level, Schneerson's eschatological orientation discerned that a spiritual master, if he be true, must dispose of the mask of mastery. Situating Habad's thought within the evolution of kabbalistic mysticism, the history of Western philosophy, and Mahayana Buddhism, Wolfson articulates Schneerson's rich theology and profound philosophy, concentrating on the nature of apophatic embodiment, semiotic materiality, hypernomian transvaluation, nondifferentiated alterity, and atemporal temporality.
Open Secret
Author: Wei Wu Wei
Publisher: Sentient Publications
ISBN: 1591810140
Pages: 203
Year: 2004
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Open Secret is an essential work by the mysterious Wei Wu Wei, author of a series of Buddhist and Taoist spiritual classics. In poetry, dialogs, epigrams, and essays, he addresses our illusions concerning the mind, the self, logic, time, space, and causation. His substantive interpretation of The Heart Sutra—the epitome of Buddhist teachings—conveys the inexpressible truth of existence. Reading this jewel of a book, one enters into a heart and mind possessed of a very clear insight into the essence of understanding.
Open Secret
Author: Stella Rimington
Publisher: Random House
ISBN: 1448107482
Pages: 320
Year: 2011-10-31
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Rimington's account of her rise in what was very definitely a man's world.. Stella Rimington was educated at Nottingham Girls' High School, and Edinburgh and Liverpool Universities. In 1959 she started work in the Worcestershire County Archives, moving in 1962 to the India Office Library in London, as Assistant Keeper responsible for manuscripts relating to the period of the British rule in India. In 1965 she joined the Security Service (MI5) part-time, while she was in India accompanying her husband on a posting to the British High Commission in New Delhi. On her return to the UK she joined MI5 as a full-time employee. During her career in MI5, which lasted from 1969 to 1996, Stella Rimington worked in all the main fields of the Service's responsibilities - counter-subversion, counter-espionage and counter-terrorism - and became successively Director of all three branches. She was appointed Director-General of MI5 in 1992. She was the first woman to hold the post and the first Director-General whose name was publicly announced on appointment. During her time as DG she pursued a policy of greater openness for MI5, giving the 1994 Dimbleby Lecture on BBC TV and several other public lectures and publishing a booklet about the Service. She was made a Dame Commander of the Bath (DCB) in 1995 and has been awarded the Honorary Degree of Doctor of Laws by the Universities of Nottingham and Exeter. Following her retirement from MI5 in 1996, she has become a Non-Executive Director of Marks & Spencer, BG Group plc and Whitehead Mann GKR. She is Chairman of the Institute of Cancer Research and a member of the Board of the Royal Marsden NHS Trust. She has two daughters and a granddaughter.
An Open Secret
Author: Carlos Gamerro
Publisher: Pushkin Press
ISBN: 1906548722
Pages: 288
Year: 2011-09-20
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Darío Ezcurra is one of the thousands of Argentinians unlucky enough to be 'disappeared' by the military government - murdered by the local chief of police with the complicity of his friends and neighbours. Twenty years later, Fefe returns to the town where Darío met his fate and attempts to discover how the community let such a crime happen. Lies, excuses and evasion ensue - desperate attempts to deny the guilty secret of which the whole community, even Fefe himself, is afraid.
Open Secrets
Author: Anne-Lise François
Publisher: Stanford University Press
ISBN: 0804752532
Pages: 290
Year: 2008
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Open Secrets contests the dominant influences of utilitarianism, expressive individualism, and imperatives to self-improvement by examining a series of texts in which "nothing happens" and arguing that these works, far from hiding from narrative demands, make an open secret of fulfilled experience and yield a revelation without insistence or rhetorical underscoring.
Nature's Open Secret
Author: Steiner, Rudolf, Barnes, John
Publisher: SteinerBooks
ISBN: 0880109335
Pages: 320
Year: 2000-10-01
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At the young age of twenty-one, Rudolf Steiner was chosen to edit Goethe's scientific writings for the principle Geothe edition of his time. Goethe's literary genius was universally acknowledged; it was Steiner's task to understand and comment on Goethe's scientific achievements. Steiner recognized the significance of Goethe's work with nature and his epistemology, and here began Steiner's own training in epistemology and spiritual science. This collection of Steiner's introductions to Goethe's works re-visions the meaning of knowledge and how we attain it. Goethe had discovered how thinking could be applied to organic nature and that this experience requires not just rational concepts but a whole new way of perceiving. In an age when science and technology have been linked to great catastrophes, many are looking for new ways to interact with nature. With a fundamental declaration of the interpenetration of our consciousness and the world around us, Steiner shows how Goethe's approach points the way to a more compassionate and intimate involvement with nature.
Open Secrets
Author: Alice Munro
Publisher: Vintage
ISBN: 0307814610
Pages: 304
Year: 2011-12-21
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WINNER OF THE NOBEL PRIZE® IN LITERATURE 2013 In these eight tales, Munro evokes the devastating power of old love suddenly recollected. She tells of vanished schoolgirls and indentured frontier brides and an eccentric recluse who, in the course of one surpassingly odd dinner party, inadvertently lands herself a wealthy suitor from exotic Australia. And Munro shows us how one woman's romantic tale of capture and escape in the high Balkans may end up inspiring another woman who is fleeing a husband and lover in present-day Canada. "Open Secrets is a book that dazzles with its faith in language and in life."--New York Times Book Review
The Open Secret
Author: Lesslie Newbigin
Publisher: Wm. B. Eerdmans Publishing
ISBN: 0802808298
Pages: 192
Year: 1995-08-28
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Fresh insights on the missionary task in other cultures and points to consider for those seeking to proclaim the lordship of Christ in our secularized society.
Open Secret
Author: David Ehrenstein
Publisher: Harper Perennial
ISBN: 0688175856
Pages: 416
Year: 2000-05-16
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Part social history and part exposé, this revealing, entertaining, and provocative book spans nearly seventy years as it explores the lives and careers of some of the silver screen's foremost gays and lesbians and the effect of their high-profile lifestyles on the general public. From Charles Laughton and Greta Garbo to Nathan Lane and Ellen DeGeneres, David Ehrenstein traces the gradual transformation of Hollywood from a time when it was box-office poison to be publicly gay to the modern era when many top entertainment figures are celebrating their gay sexuality--and are in turn celebrated for it. Updated, Open Secret reveals what has happened to the key players in gay Hollywood since the original hardcover publication.
The Open Secret
Author: Alister E. McGrath
Publisher: John Wiley & Sons
ISBN: 1444358065
Pages: 384
Year: 2011-09-23
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Natural theology, in the view of many, is in crisis. In this long-awaited book, Alister McGrath sets out a new vision for natural theology, re-establishing its legitimacy and utility. A timely and innovative resource on natural theology: the exploration of knowledge of God as it is observed through nature Written by internationally regarded theologian and author of numerous bestselling books, Alister McGrath Develops an intellectually rigorous vision of natural theology as a point of convergence between the Christian faith, the arts and literature, and the natural sciences, opening up important possibilities for dialogue and cross-fertilization Treats natural theology as a cultural phenomenon, broader than Christianity itself yet always possessing a distinctively Christian embodiment Explores topics including beauty, goodness, truth, and the theological imagination; how investigating nature gives rise to both theological and scientific theories; the idea of a distinctively Christian approach to nature; and how natural theology can function as a bridge between Christianity and other faiths
Super PACs
Author: Louise I. Gerdes
Publisher: Greenhaven Publishing LLC
ISBN: 0737776552
Pages: 112
Year: 2014-05-20
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The passage of Citizens United by the Supreme Court in 2010 sparked a renewed debate about campaign spending by large political action committees, or Super PACs. Its ruling said that it is okay for corporations and labor unions to spend as much as they want in advertising and other methods to convince people to vote for or against a candidate. This book provides a wide range of opinions on the issue. Includes primary and secondary sources from a variety of perspectives; eyewitnesses, scientific journals, government officials, and many others.
Open Secret
Author: Jalāl al-Dīn Rūmī (Maulana)
Publisher: Shambhala Publications
ISBN:
Pages: 82
Year: 1999
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A girl whose fortunes have plummeted from wealthy aristocrat to servant-girl. A magic hazel twig. A prince. A desperate escape from danger. This is not the story of a girl whose fairy godmother arranges her future for her. This is the story of Selena, who will take charge of her own destiny, and learn that her magic is not to be feared but celebrated.
Open Secrets
Author: Richard Lischer
Publisher: Harmony
ISBN: 0767913175
Pages: 256
Year: 2002-07-16
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Open Secrets is Richard Lischer's story of his early career as a Lutheran minister. Fresh out of divinity school and full of enthusiasm, Lischer found himself assigned to a small conservative church in an economically depressed town in southern Illinois. This was far from what this overly enthusiastic and optimistic young man expected. The town was bleak, poor, and clearly not a step on his path to a brilliant career. It's an awkward marriage at best, a young man with a Ph.D. in theology, full of ideas and ambitions, determined to improve his parish and bring them into the twenty-first century, and a community that is "as tightly sealed as a jar of home-canned pickles." In their own way, they welcome him and his family, even though they think he's "got bigger fish to fry." Thus begins Richard Lischer's first year as a pastor: bringing communion to the sick (but forgetting to bring the wafers); marrying two unlikely couples--a pregnant teenager and her boyfriend, and two people who can't stop fighting. Often he doesn't understand his congregation, and sometimes they don't understand him; for instance, why does his wife hire a baby-sitter and instead of leaving, put on her bathing suit, grab a stack of novels, and hide from the kids? Or why can't Pastor Lischer see how important it is for a woman with little money to buy an elaborate coffin to bury her husband in? There are also the moments of grace, when pastor and parishioner unite for a common goal: when he asks for prayers for his infant son, and can feel everyone in the congregation ministering to him; when old hurts are put aside to help a desperate young woman finish college and raise her baby; or when he helps save a woman from dying of a drug overdose. In Open Secrets Lischer tells not only his own story but also the story of New Cana and all of its inhabitants--lovable, deeply flawed, imperfect people that stick together. With his sharp eye and keen wit, Lischer perfectly captures the comedy of small town life with all of its feuds, rumors, scandals, and friendships. In the end he learns to appreciate not only the life New Cana has to offer, but also the people who have accepted him, at last, as part of themselves. From the Hardcover edition.
Open Secrets
Author: Maloy Krishna Dhar
Publisher: Manas Publications
ISBN: 8170492165
Pages: 519
Year: 2005-01-01
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Deterrence Is A Policy That Fashions A Situation Whereby War Can Be Limited If Not Averted. It Rests On The Capability Of A Nation To Deter The Enemy, Ensure That The Credibility Of The Threat Is Maintained, And Respected, And Use That Capability When Necessary. Nuclear Weapons Deter, But There Is The Pursuit For The Absolute Means To Seek Foolproof Deterrence. Herein Lies The Dilemma. The Stakes Involved In A Nuclear War And The Use Of These Weapons Stimulate Varied And Worried Debates.To Justify A War, Arguments Tend To Get Grounded On Just War The Doctrine Of Just War Is Concerned Not With What Men Did In War But What They Ought To Do Or Refrain From Doing; The Jus Ad Bellum Or Justification Of War And The Jus In Bello Or The Limitation Of War.

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