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The The Dancing Dollar, written for the Summer Music Festival of Bang on a Can, has been
inspired on the newspaper article Bullish Citigroup is still dancing to the beat of the buy-out boom
by Financial Times of July 10, 2007. In this article, former Citigroup CEO Chuck Prince spoke
his famous words about the first financial problems: "When the music stops, in terms of liquidity, things will be complicated. But as long as the
music is playing, you've got to get up and dance. We're still dancing." Since then the Citigroup share has lost 95% of his value. Headline, quote
and price decline have been set on music. After this liquidity beat, the sopranos ask the Dollar for a dance. The dance continues with a crash, followed by an epilogue in which they sing that they don't want the Dollar to leave them - with the result that the music stops.
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nrc.next, August 19, 2009, p. 10 |