........ but it is equally likely that it was a Rajan effect, a consequence of the fact that Dr Rajan is smart, relatively young, and brings new ideas to an institution that some thought had begun to labour under the weight of its own history and precedent. Dr Rajan's comprehensive opening statement and his commitment to communication made a good impression - as did his forthright manner and the way that he expressed his willingness to take unpopular decisions, saying that he was not in the job to earn "Facebook likes".........
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