Financial Fragility, Capital Regulation and Bank Testing Essay

Financial Fragility, Capital Regulation and Bank Testing - Essay Example As the discussion highlights  bank mergers can reduce the cost of operation and increase scope of activities thus enabling them to control market and funding liquidity. This document examines the effects of bank mergers on market and funding liquidity and their interactions during the financial crisis. The activities of the bank influence their capacity to control market and funding liquidity. Investors prefer strong institutions that they perceive as being less risky because they are fairly stable during the periods of the economic downturn.  Ã‚  This paper outlines that liquidity risk is the risk that a particular asset or portfolio may not be exchanged in the market quickly in order to evade a loss, and it results from uncertain liquidity. Liquidity risk could either be due to the market liquidity or funding liquidity. Market liquidity is the condition whereby the assets cannot be traded in the market due to lack of liquidity in the market. The market liquidity can drain sudde nly, interlinked with instability, have cohesion across securities, co-varies with the market, and is dependent on â€Å"flight to quality†. Funding liquidity refers to ease with which traders can obtain funding for assets. The investors require portfolio security with high returns in case the market is illiquid and require return premium for an illiquid security in a situation where the entire market is illiquid. Small banks pose high risk to the investor because they may not be able to acquire funding during the periods of the economic downturn.

Research paper Example | Topics and Well Written Essays - 1250 words - 3

Research Paper Example In the last work by Langston Hughes that is I, too were identified varied themes, symbols and metaphors. This paper intends to unravel the commonality of those themes, symbols and metaphors in the two short stories by the author, which are Father and Son and Cora Unashamed. As was traced in the poem I, too by Langston Hughes, the short story Father and Son by the same writer delineates the atrociousness and brutality of the Jim Crow rules, but in a more detailed and intricate manner. Father and Son is a story about a Georgia white man Colonel Thomas Norwood who keeps a black woman Nora for a mistress and fathers five children by her. The story reveals the psychological and social might of the Jim Crow laws. In the story, Colonel Tom is showed to harbor feelings of constrained affection and liking for his sons from Cora, as is natural for any man. However, his allegiance to the Jim Crow system is evinced to be more doughty and mightier than his commitment to the voice of human feeling s within him. He not only tends to publically deny his children from his black maid Cora, but considers an open profession of affection by his son Brat to be a mark of dishonor and disgrace. As in I, too, in Father and Son, Hughes exposes the absurdity and fickleness of Jim Crow laws, which allow a white man to get into the most intimate of relationships with a black girl and to father sons by her, yet, do not allow one to socially and legally recognize the relationships that such intimacies and acts entail. As in other works of Hughes, the register attributed to the black characters further exposes the bestial and subhuman level to which the blacks character are supposed to stoop in Jim Crow America, replete with invectives like nigger, darkie and yard-nigger. In Father and Son, Hughes elaborately shows the decorum and mannerisms which the black dependants were expected to follow in subservience to Jim Crow norms that he alludes to in I, too. The black slaves owned by Colonel Tom a re never allowed to enter his home from the front door or to roam about in his inner chambers, irrespective of their long service to him or their relationship to him. The blacks were always to approach his home from the backdoor and allowed to gather only in the kitchen. Like a dog, they were expected to maintain a respectable distance from and decorum with their white master. The story also reinforces the social status attributed to black characters in Hughes’ other works. All the black characters are shown to be serving in menial positions. Colonel Tom do tries to be good to his children by extending to them educational and other opportunities and facilities. However, the magnanimity of his concern for his children never dares to cross the boundaries marked by Jim Crow laws. The story also reveals the fear of marginalization of the whites, as in Hughes’ other works. When Brat, the youngest son of Colonel tries to rebel against the constraints of segregation and recla im his relationship with his father, the system comes crashing down on him and his brother. Cora Unashamed is one of the masterpieces of Langston Hughes. Though the writer predominantly repeats the themes, symbols and metaphors in the story with which he deals with in his

Too Much Medication Essay Example for Free

Too Much Medication Essay One Source Cited: On 9 February 2007 The Boston Globe presented an obvious example of partiality in its presentation of an overdose of psychotropic drugs; leading to the death of 4-year-old Rebecca Riley. Consequently, this sparked debates about whether health officials should press urgently to establish the advantages of treating children with psychotropic drugs, and the safety measures that go along with their use. From top to bottom, the text questions: the dangers of over-medicating children who show signs of potential mental disorders; the age at which children should start the prescribed medication; assessment of children after psychotropic medication treatment; and the responsibility of doctors to evaluate the ability of parents to oversee these potentially fatal drugs (The Boston Globe). For the purposes of this essay, I am forced to agree that ‘health officials should press urgently to determine the advantages of treating children with psychotropic drugs, and the cautions that must accompany their use’. The research I found on this topic appear to support the idea that intense discussion and consideration about pharmacotherapy is vital for future directions of treating children with these medications. According to Hyman (2006) there are far more difficulties in determining the risks and benefits of psychotropic drugs in children. There is also less information known about mental disorders in children than in adults and numerous drugs have not been sufficiently tested in children, particularly because their brains are still developing. In addition, there is even less data about the safety and efficacy of antidepressants in children (Hyman 2006). In actual fact, Hyman (2006) states that these drugs are being used even in the absence of data. That is why I strongly argue in favour of the need for more clinical research involving children, to identify the potential risk-benefits of psychopharmacology. It is the responsibility of caregivers to diagnose; manage and be commited to training in this area. Therefore we need to find out whether the approaches of these drugs are beneficial and safe for children. Furthermore, we have to think about a greater goal and a more practical way to enhance the quality of life for children showing signs of possible mental disorders. What we need to do is patch-up the treatment gaps and incorporate an effective monitoring system which allows health professionals to liaison with schools, other professionals and agencies. In doing so, we may improve diagnostics, treatment and follow-up services and possibly even avoid the recurrence of over-medication? References The Boston Globe: http://www.boston.com/news/globe/editorial_opinion/editorials/articles/2007/02/09/too_much_medication/ Hyman, S.E. (2006). Improving our brains? [Electronic Version]. Biosocieties, 1, 103-111. Retrieved 16 February 2007 from: http://journals.cambridge.org/action/login;jsessionid=36ED98BDE8893D2A30D1BEED7CE0AD3C.tomcat1

How Does Arthur Miller Expect :: essays research papers

Question: “And so I mourn him-I admit it-with a certain…alarm'; How does Arthur Miller expect us to react to the death of Eddie Carbone? In your opinion, does he succeed? Eddie Carbone, the family guy, not wanting any trouble, just wanting his niece, in more ways than one. Eddie was a family man, he kept his home nice and he looked after all his family and friends, there was a great respect for him and he was loved by many. Even the people against him, had to love him. He was popular among his friends and colleagues and he was sociable, going bowling with his friends is what his spare time was devoted to, that and his family. Eddie’s view of his family was loving, he tried to give them everything, and he tried to hold them together, he was the glue that made them stick together when trouble came. There was only one thing that could dissolve the, the arrival of the two brothers. - When Eddie dies, the audience is expected to feel sympathetic and upset for the loss of the main character. Alfieri enhances this feeling with words, in his final speech. ‘I think I will love him more than all my sensible clients’ This makes me think that Eddie wasn’t stupid, and he wasn’t a fool, he was just oblivious to the fact that Catherine was going to grow up, to love others but him, he couldn’t understand why this had to happen. Alfieri has a great deal of respect for Eddie, like the other characters in the play. When Eddie is killed by Marco in a fit of rage, he lies, dying in Beatrice’s arms, only then, does he realize what he’s got, and that’s Beatrice. He shows this by saying; ‘My B.!’ These are Eddie’s last words.   Ã‚  Ã‚  Ã‚  Ã‚  In Act one, Alfieri shares his view of Red Hook. How it used to be a violent town, with lots of fights and deaths, but over the years it has got more pleasant. People look out for each other. ‘I no longer keep a pistol in my filing cabinet.’ Alfieri says this at the start of the play, he used to because he got violent clients, the one way to defend himself was to also have a weapon. But as the town got nicer and more people cared for each other, he found that he didn’t need it and he could trust the people who came to see him.

Case study of aqualisa quartz shower Essay

1. What is Quartz’ current marketing strategy? Company conducted market research, spent EU5.8 million in development, invested in a new state-of-the-art testing facility, acquired 9 patents, grew engineering team from 6 to 20 and established stages of new product development pipeline. Company spent 90% of their sale efforts on maintaining existing accounts and 10% on developing new customers. Company had longstanding direct relationship with a group of plumbers. Sale force contacted its network of plumbers, calling face-to-face to introduce and explain the new product. 2. What are the wants/needs of plumbers? Of consumers? Consumers wants a shower that looked great, delivered good pressure at a suitable temperature, was easy to use and doesn’t break down. (Consumers in the premium segment emphasizes on style. Consumers in the standard price range tended to emphasize on performance and service. Consumers in vale segment were primarily concerned with convenience and price and they liked to avoid solutions that required any excavation). Plumbers wanted a shower that was easy to install, with a guarantee to not break down or require servicing. (Plumbers generally preferred to install a single shower brand and extremely reluctant to switch brands. They liked to familiarize with the service they could expect from a manufacturer. They distrusted innovation). 3. What is the Quartz value proposition to plumbers? To consumers? Plumbers are able to shorten the installation time from 2 days to half-day. The installation is straightforward that plumbers could even send their young apprentices to complete entire job. For the consumers, the Quartz shower provides efficient and reliable water pressure and temperature with an easy-to-use â€Å"one-touch† control mounted on shower wall for target temperature setting and indication. 4. Describe the competitive situation. Who are the major competitors? What are their relative strengths and weaknesses? The major competitors include Triton, Mira and Masco. Aqualisa: -Strength: good reputation, top-quality shower, premium brand, great service, market share: number 2 in mixing valves and number 3 in overall UK market. -Weakness: market is beginning to perceive Aqualisa products as being overpriced. Triton: -Strength: Dominant in electric showers and it is the only company in the market established brand awareness at the consumer level. Although it is not major in mixing valve market, it may expand its business scope and influence market with its highly reputable brand name. -Weakness: not well known in mixing valve Masco, Ideal Standard, etc: -Strength: They are catching up to Aqualisa in terms of product quality. -Weakness: They have not developed core technologies in showers yet. 5. Why is the Quartz shower not selling? – One of the reasons is that the company sales force spends only 10% of their efforts in developing new customers and they reply on their long-standing relationships with plumbers. – Plumbers were wary of innovation, particularly innovation involving electronics. – Salesmen tend to gloss over other company’s product if Quartz is mentioned. 6. Aqualisa spent three years and â‚ ¬5.8 million developing the Quartz. Was the product worth the investment? Is Quartz a niche product or a mainstream product? Yes, the product is worth the investment of EU5.8 million. It is a good strategy to invest around 11% of its â€Å"base profit† for developing a radically different kind of shower with testing facility, patent position product roadmap, etc. For 60% of families had shower with lot of mechanical problems and inconvenient use experiences, Quartz with it’s significant advantages were designed to fit their customer’s needs. The conventional shower can no longer satisfy the market demand, innovation and customer value delivery is the market trend since forever. As the result, the development of Quartz proved Aqualisa’s brand value in marketing base aspect by delivering â€Å"cleverness† of the product and its â€Å"elegant design†. As for finance aspect, Quartz provides higher customer value products with considerable margin which even higher than core products-Aquavalve 609. Based on these factor, Quartz is worth the investment in the long run. Quartz is a niche product, good for homes with children, or for elderly and the handicapped. 7. Aqualisa currently has three brands: Aqualisa, Gainsborough and ShowerMax. What is the rationale behind this multiple brand strategy? Does it make sense? Gainsborough and ShowerMax are designed and branded for specific markets. It is a good strategy to develop different products based on the company core technologies for specific target customers. ShowerMax is banded specifically for developers. Elements of the Aquavalve technology are redesigned and re-branded for the ShowerMax production line and optimized for developers’ specific needs. It is a low-cost solution of high pressure shower with Aquavavle technology. Gainsborough is branded for DIY market and it is available in 70% of the approximately 3000 DIY outlets in the U.K. It is designed for associating Aqualisa’s premium brand with its discounted DIY channel.

Learning Object Oriented Programming With Delphi

Online Delphi OOP Course submitted by John Barrow Part 1 Introduction to OO basics Chapter 1Chapter 2Chapter 3 Part 2 Introduction to class inheritance Chapter 4Chapter 5 Part 3 Programmer defined classes and objects Chapter 6Chapter 7 Part 4 Accessing an object and its data Chapter 8Chapter 9Chapter 10 Part 5 The Sender parameter and substitution Chapter 11 Part 6 Introducing type inheritance Chapter 12Chapter 13Chapter 14 Part 7 Using and abusing inheritance Chapter 15Chapter 16 Part 8 Indirection Chapter 17Chapter 18 Part 9 Association Composition Chapter 19 Chapter 20Chapter 21 Part 10 Two Patterns Using Composition Chapter 22Chapter 23 Part 11 Some Patterns for varying behaviour Chapter 24 Part 12 Bidirectional links, Callbacks and Linking Classes Chapter 25 Part 13 Factory Patterns Chapter 26 Part 14 A Decorator Chapter 27

Comparing Act 2 Scene 3 and Act 3 Scene 1 of Much Ado...

Comparing Act 2 Scene 3 and Act 3 Scene 1 of Much Ado About Nothing by William Shakespeare In Act 2 Scene 3 and Act 3 Scene 1 Beatrice and Benedick are both separately being tricked into falling in love with each other by their friends. To compare the two scenes we must first consider the symmetry between them; the initial thing we notice as an audience is that all of the characters in Act 2 Scene 3 are male, and that all of the characters in Act 3 Scene 1 are female; this gives the effect of the two sexes battling. Both scenes are riddled with deceit and trickery, and the lengths too are also similar. As we know both parties have the same purpose and after reading the play we know that there is a†¦show more content†¦The scenes are both of similar length, and seem almost symmetrical. There are a similar number of characters, and the outcome is the same in each case. Both Benedick and Beatrice launch into monologues giving reason why they both should love the other one. All characters leave the stage in each case before the monologues occur. In Benedicks monolo gue he begins by saying this can be no trick he does not believe that Leonato would lie, as he has such huge respect for him since the war and therefore he is totally open to manipulation when Leonato is present. By the fourth line Benedick has already decided he must requite Beatrices love and says I will bear myself proudly. Beatrices monologue is slightly shorter but has almost exactly the same content, she even says the same words as Benedick does I will requite thee the lines are emphatic, which makes the audience understand better what she is trying to say. The two characters change dramatically in personality after these two scenes, Benedick is mocked by Don Pedro and Claudio and Beatrice also by Hero and Ursula for being so quiet. Both scenes are full of humor and are great to watch in the theatre as Shakespeare wrote them to be acted out. Beatrice and Benedick are the mockers in the play, but the irony is that the mockers andShow MoreRelated Classical Imagery in Shakespeares Much Ado About Nothing Essay3559 Words   |  15 PagesClassical Imagery in Shakespeares Much Ado About Nothing The romance of history has lured many of the worlds greatest authors to search for their subject matter in the pages of time. William Shakespeare serves as a unfailing embodiment of the emotion of days past; yet he also turned to those before him. The comedy Much Ado About Nothing is a poignant love story, riddled with stunning imagery and allusion. An examination of the development of certain characters, the imagery and allusion, dictionRead MoreJulius Caesar2287 Words   |  10 PagesCaesar† by William Shakespeare The following questions will help you to prepare for your eventual test over â€Å"Julius Caesar†. While I will not be collecting this, it is on you to make sure that you are answering the questions as we go. Your test will be taken directly from this study guide. Act I 1) Judging from the events in Act I, the political mood and behavior of the Romans are best described how? 2) When we first see Brutus, he appears to be ________________________. 3) Which line from Act I foreshadowsRead MoreBenedick’s Change of Heart by the End of Act 2 Scene 3 of William Shakespeares Much Ado About Nothing2295 Words   |  10 Pagesby the End of Act 2 Scene 3 of William Shakespeares Much Ado About Nothing ‘Much ado about nothing’ is one of William Shakespeare’s popular comedy plays. With regards to the title of the play, the word ‘nothing’ in the title suggests it links with how characters in the play create so much bother about nothing. Speculation has occurred among people over the word ‘nothing’ in the play’s title. The word ‘nothing’ has a double meaning. Noting and nothing sounded identical Read MoreJames Earl Jones: a Voice in the Crowd2904 Words   |  12 Pageswords@(54). The Aturning point@ in Jones= ability to cope with stuttering came in Professor Donald Crouch=s English classroom in high school. After falling in love with Longfellow=s AThe Song of Hiawatha,@James Earl was inspired to write a poem about his love for grapefruit. He patterned his work after Longfellow=s cadence and rhyme scheme. When Professor Crouch accused Jones of plagiarism Jones was forced to recite his work from memory in front of the class (63). Considering his honour of