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battle against climate change. Register at Bloomberg Live.com slash B Green Radio. Hello and welcome to another episode of the Odd Lots Podcast. I'm

Tracy Allaway.

I'm Joe Wiesenthal.

So Joe, this is the third episode of our Live War series. You know, I said it in the beginning and I was a big

facetious this is one of those things that I felt was extremely important to

understand that I didn't have much knowledge on and so I'm very happy that we finally

working through all of it.

You know our first episode we sort of talked about the problems with

Libor pre-financial crisis and post-financial crisis.

And then in the second episode, we talked a lot about the transition away from LIBOR

and how that's going.

In this episode, we are going to talk to someone who's actually actively trying to come up with an

alternative reference rate.

Yeah, that is interesting because I know that there is a very big push afoot to move, you know, as we've talked about from Libor over to So far and there are all kinds of efforts going on towards that front, but I guess that is not the only

theoretical alternative approach.

Yeah, exactly. So even though there's this regulatory push towards the secured overnight financing rate or so for there are well there is the potential for alternative rates to enter the market and we have the perfect person to talk about this.

We're going to be speaking with Richard Sandor. He's the chairman and CEO of the

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