The Taming Of The Shrew - Humor :: essays research papers

In The Taming of the Shrew, Shakespeare creates humour through his characters by creating false realities (as demonstrated by Petruchio’s behaviour and attire in the scene of his wedding) and by the use of subterfuge and mistaken identity (shown in the final scenes with the transformation of Kate and Bianca’s respective personas). He also uses irony quite extensively, especially towards the end of the play (as can be seen in the final ‘wager’ scene). The concept that ‘things are not always as they seem’ is quite evident in the events surrounding, and including, Petruchio’s wedding ceremony. This particular scene in the play demonstrates how the use of false realities (a real situation falsely presented in order to deliberately deceive) can be used to create humour. Biondello describes Petruchio’s appearance to Baptista, and by doing so sets up the expectations of the audience. He says that Petruchio comes wearing: New hat and old jerkin; a pair of old breeches thrice turned; a pair of boots that have been candle-cases, one buckled another laced; an old rusty sworde†¦with a broken hilt and chapeless; his horse hipped†¦with an old mothy saddle (Act III Scene II) This depiction of Petruchio conforms to Shakespeare’s technique of using false realities, in order to create humour. This can also be seen in the false identity that Petruchio puts forth in his quest for dominion over Kate (that of the eccentric egomaniac). However, these false realities are not enough by themselves, as the audience has nothing to go by but what they see before them, and so they are not to know that this is not Petruchio’s true personality, and so Shakespeare employs another essential element of humour: he lets the audience know what is truly transpiring, while the characters themselves remain oblivious to the truth. He does this using a soliloquy, in which Petruchio states the strategies he shall use in order to tame Kate: She ate no meat today nor none shall she eat†¦and as with the meat some undeserved fault I’ll find about the making of the bed†¦ This is the way to kill a wife with kindness†¦he that knows better how to tame a shrew, not let him speak (Act IV Scene I) This soliloquy serves to reinforce the fact that ‘things are not always as they seem’. So the knowledge gleaned from this soliloquy means that we find the other events involving Kate and Petruchio even more amusing, as we can see that it is nothing more than an elaborate game of chess, instigated by Petruchio.

Our Grandmothers By Maya Angel Essay -- essays research papers

Imagery In The Poem “Our Grandmothers'; by Maya Angelou Image (Imagery) – Descriptive poetry flourished. One basic meaning for ‘image’ is provided by that context, but other, looser and more treacherous, meanings have accreted: any sensuous effect provoked by literary language; any striking language; metaphor; symbol; any figure. Maya Angelou’s poem, “Our Grandmother’s,'; vividly exemplifies a sense of imagery that is brought to life. The most effective way that, Maya Angelou presents imagery to the readers is through the setting. Firstly, at the beginning of the poem the narrator describes the current state of the main character and gives a brief description of the setting through imagery. “She lay, skin down on the moist dirt, / … the whispers of leaves…/ the longing of hounds…'; (“Our Grandmothers';, 1-4). These lines are very effective to the readers because the imagery behind these lines allows the readers to feel the cool breeze blowing, hear the leaves rustling and even sense the smell of fear; everything that one could think of to enhance the setting of a plantation. Reading this poem is an escape from modern day life. As readers, we observe everything that the narrator and the main character experience. To fulfill the imagination of the readers, Maya An gelou concentrates primarily as to how the readers are going to interpret certain events. S...

Have the UK banking law regulation reforms introduced after the 1st of April 2013 led to increased and sufficient protection to promote financial stability?

Abstract Banking law regulation has advanced significantly since the global financial crisis was first instigated in 2008. Most notably, on the 1st April 2013 the Financial Services Authority (FSA) was abolished and its functions transferred to two new regulators: the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). The Bank of England (BoE) also took over the FSA’s responsibilities for financial market infrastructures and the Financial Policy Committee (FPC) was established. Despite these reforms, it is questionable the financial industry is being better regulated and it seems as though further changes may still be needed.[1] Introduction The Financial Services Act (FSA) 2012 came into force on the 1st of April 2013 in order to establish a new regulatory framework for the financial system. Under the new Act, the Financial Services Authority (FSA) was replaced by two new regulators; the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). A Financial Policy Committee of the Bank of England was also created and the Bank of England was provided with the power to regulate and provide stability to the financial system.[1] This new regulatory structure became known as the ‘twin-peaks’ model and was considered to be a â€Å"major milestone for the Regulatory Reform Programme.†[2] The Act made significant amendments to The Financial Services and Markets Act (FMSA) 2000 and restructured and broadened the law relating to market manipulation and misleading statements and impressions. The scope of the special resolution regime under the Banking Act (BA) 2009 was also extended and a new category of regulated activity in relation to benchmarks (e.g. LIBOR) and credit ratings was created. The approval, supervision and discipline of sponsors regime under the FSMA was also changed and the regulation of consumer credit was transferred to the FSA. This study will discuss these new regulatory regimes in greater detail in order to consider their effectiveness. Research Aims and Objectives The aim of this research is to find out the extent to which the 2013 reforms have proven effective in providing increased and sufficient protection to promote financial stability. Research Question Is the banking industry being regulated effectively? Have the 2013 reforms improved the regulation of the banking industry? Are further changes needed to the banking system to ensure that financial stability is being promoted? Key Words Financial Industry Banking System Financial Stability Banking Law Twin Peaks and Banking Banking Regulation Methodology A secondary research approach will be undertaken for this study by accessing relevant text books, journal articles, governmental reports and online legal databases. This will enable me to acquire the appropriate information that is needed and will allow me to analyse existing literature in this area. This will be a more cost effective and time saving way to undertake the research. This is appropriate for this particular assignment as it would be extremely difficult to obtain primary research from large organisations such as the FSA. A Qualitative research method will be used as this study requires a descriptive outcome as opposed to a predictive one. Literature Review The aim of a bank is to provide financial services to individuals and organisations by enabling them to either borrow or deposit money, whilst also creating credit. However, because of the complex nature of the modern banking business, a lack of regulation appears to exist in this area. This is evident by the recent financial crisis which seemed to demonstrate that banks are capable of taking extortionate risks without any intervention. This is damaging to the economy as well as consumers. However, because of how difficult it is to determine what a bankers business should consist of, problems arise when trying to establish how the banking industry should be regulated. This literature review will provide an overview as to how effective the current regulatory system is by reviewing banking law as it currently stands. This will be compared to the approach that was undertaken prior to the financial crisis and an assessment as to whether more effective regulation now exists as a result of the 2013 reforms will be provided. The Financial Services and Markets Act (FMSA) 2000 regulated the banking and insurance sector and provided the FSA with the power to regulate the financial system. The objectives under the Act were to provide; â€Å"(a) market confidence; (b) public awareness; (c) the protection of consumers; and (d) the reduction of financial crime.† However, since the global financial crisis (GFC) was instigated, it became apparent that a new regulatory structure was needed. Many argued that the system failed to adequately account for the complexity of modern financial markets and the nature and pace of financial innovation.†[3] A more interventionist approach was said to be needed to that those providing financial services could be regulated better.[4] This would help to combat financial crime, which was considered one of the main reasons for the GFC.[5] The FSA was largely criticised for failing to keep abreast with the advances in society and that as a result they were no longer required. Hence, it was suggested that it was only a matter of time before the FSA was abolished completely: â€Å"the diminished role for the FSA is simply a reflection of this new reality.†[6] Whilst there does appear to be true to a certain extent, it appears that the role of the FSA did help to regulate the financial sector more adequately over the years and that many banking failures are likely to have been avoided since the FMSA was first implemented. This was stressed by Southern when he considered the importance of regulation in the financial sector[7] and by Sergeant who pointed out that; â€Å"the whole basis of financial regulatory law was recast on a completely updated and integrated basis.†[8] Again, this highlights the importance of the FSA’s powers that were conferred upon it by the FMSA. The Banking Act 2009 was, nonetheless, introduced as an emergency response to the GFC and was intended to provide greater powers to bankers to enable them to regulate the financial sector more effectively. Hence, it was felt that there existed inherent failures within the UK banking system and that vital changes were thereby needed.[9] The Act was considered a welcoming development in preventing future financial panics from taking place.[10] Conversely, it was said that the Bank’s powers were too limited and that as a result the banking system could not be effectively regulated. It was therefore suggested that the Bank should be privatised so that more sufficient banking regulation can be effectuated.[11] Since the 2012 banking law reforms began, a number of further changes have been made to the financial system. As well as creating the FSA, the PRA and the FPC, the Bank of England’s role as the supervisor for financial market infrastructure (FMI) was also expanded by the 2012 Act by â€Å"adding securities settlement systems and central counterparty regulation to its existing responsibility for recognised inter-bank payment systems.†[12] Furthermore, the Financial Services (Banking Reform) Act 2013 was implemented which was intended to provide the HM Treasury and the PRA with the power to implement the recommendations of the Independent Commission on Banking (ICB) on ring-fencing requirements for the banking sector.[13] The FCO has been subjected to great deal of criticism since it was established with many arguing that little benefit has been made to the financial system under the new regulatory structure.[14] Accordingly, significant changes were made to the financial system as a result of the GFC, yet it seems as though further changes are expected to take place since there are increasing concerns about the ways in which financial services organisations (FSO’s) are conducting business.[15] It cannot be said that FSO’s are adequately preserving the interests of its consumers and unless FSO’s have effective risk management strategies in place, a lack of consumer protection will ensue. The FSA 2012 has made great attempts to rectify the difficulties caused by the previous law, yet it remains to be seen whether the new regulatory regime goes far enough. Nevertheless, the existing offence for misleading statements and practices that is contained under s. 397 of FSMA is being repealed and replaced by three separate offence; misleading statements (s. 89); misleading impressions (s. 90) and misleading statements in relation to benchmarks (s. 91).[16] This offence is broader than s. 397 and includes those statements that were made recklessly as well as those made intentionally. This makes it a lot harder for FSO’s to mislead consumers and ensures that more effective regulation is in place. The changes that have been made to the BA 2009 include the extended special resolution regime to certain UK investment firms, group companies of UK banks and UK clearing houses. Under the new regime, the PRA will be responsible for promoting the stability of the financial system by regulating all deposit taking institutions.[17] The FCA will be responsible for regulating retail, wholesale and financial markets, which increases protection and seeks to achieve financial stability overall. Conclusion It is questionable whether the current regulatory regime is sufficient in regulating the banking industry,[18] although significant improvements have in fact been made.[19] Nevertheless, given the complexity of modern banking, it will remain difficult to regulate this area effectively for the foreseeable future. Given that the changes are fairly recent, it remains to be seen just how effective the FCA is in regulating this industry. Given the importance of having appropriate mechanisms in place to deal with any disruptions to the financial system, the changes that have been made so far are likely to be welcomed.[20] This is because, the new twin peaks model is intended to strengthen the current approach to financial regulation, whilst also establishing a more resilient and stable financial system.[21] It is likely that FSO’s will be put under greater pressure to ensure that they are conducting their business in an appropriate manner as tighter controls will be in place. Theref ore, whilst it is likely that future changes are still needed, the reforms that were implemented in 2013 have led to increased and sufficient protection to promote financial stability. Data Analysis In analysing the data, a process will be undertaken which allows each component of the data to be inspected using logical and analytical reasoning. This will allow an assessment to be made as to whether all of the data is effective and reliable. In doing so, the data will be gathered from a variety of sources and then reviewed and analysed so that an appropriate conclusion can be drawn. The quality of the research will therefore be judged in â€Å"relation to the resources available and the effectiveness with which those resources have been used to investigate the particular topic in question.†[22] Ethics When undertaking any type of research, there are certain ethical rules of conduct which need to be followed. For example, any data that is collected must be used in a way that is â€Å"honest, unbiased, sincere, free from errors or negligence, open to critique and it must protect confidential communications.†[23] A risk-analysis approach can be adopted in order to achieve this as well as adhering to the BPS guidelines.[24] Bibliography A Hudson., The Law of Finance, (Sweet & Maxwell, 2009). C Bates., ‘A Brief Overview of the Financial Services Act 2012 and the New UK Financial Regulation Framework’ (2013) Clifford Chance, [12 June, 2014]. C Dawson., Introduction to Research Methods: A Practical Guide for Anyone Undertaking a Research Project, (How to Books Ltd, 4th Edition, 2009). C Sergeant., ‘Risk-Based Approach Central to FSA’s Regulation’ (2001) 151 New Law Journal 1409, Issue 7001. D Awrey., ‘Complexity, Innovation and the Regulation of Modern Financial Markets’ (2011) Harvard Business Law, Oxford Legal Studies Research Paper No 49/2011, [08 May, 2014]. D B Resnik., ‘What is Ethics in Research and Why is it Important?’ (2011) [11 May, 2014]. FSA., ‘Delivering a Reduction of Financial Crime’ (2011) FSA Annual Report 2011/12, fsa.gov.uk/pubs/annual/ar11-12/section5.pdf> [12 May, 2014]. G Nicholson and M Salib., ‘The Regulatory Powers and Purview of the Bank of England: Pre and Post Crisis’ (2012) Journal of International Banking and Financial Law, Volume 28, Issue 10. HM Treasury., ‘A New Approach to Financial Regulation: Judgement, Focus and Stability’ (2010), CM 7874, [12 May, 2014]. HM Treasury., ‘Creating Stronger and Safer Banks’ (2014) [12 June, 2014]. J Smethurst., ‘Forward the Resolution’ (2014) Corporate Rescue and Insolvency, Volume 7, Issue 1, 18. J Smethurst., ‘Twin Peaks: Bridging the Gap. Co-Ordination Under the new Regulatory Framework’ (2012) 1 Journal of International Banking and Financial Law 33, Issue 1. KMPG., ‘Evolving Banking Regulation 2014’ (2014) [12 May, 2014]. KPMG., ‘Twin-Peaks Regulation: Key Changes and Challenges’ (2012) Financial Services, [11 May, 2014]. L Taker., ‘Who Regulates the FSA?’ (2010), [12 May, 2014]. M Denscombe., Ground Rules for Social Research: Guidelines for Good Practice. (2nd edn. McGraw-Hill International, 2009). M Littlewood and S Frith., ‘The Bank of England should be privatised’ (2010) Institute of Economic Affairs, [11 May, 2014]. N Clark., ‘King calls for ‘radical’ banking reform in UK’ (2010) The Independent, [12 May, 2014]. R Tomasic., ‘Financial System Reform or Business as Usual?’ International Banking and Financial Law, Volume 29, Issue 5, 321. S Schich., ‘A Framework for Discussing Bank Regulatory Reform’ (2013) Journal of Financial Regulation and Compliance, Volume 21, Issue 4, 308-318.

Final Project Paper Essay

Competitive Strategies and Government Policies Paper Learning Team Competitive Strategies and Government Policies Management has recognized the effect of changes in the real-world competitive environment and government policies on other industries and anticipates similar events occurring in their industry, so they ask you for a report considering the following points. Write 1,400 ?1,750-word paper of no more than in which you describe how each of the following are or potentially will affect your industry or one with which you are familiar: New companies entering the market, mergers, and globalization, on pricing and the sustainability of profits: Identify the type of merger activity in your industry or one with which you are familiar?horizontal, vertical, or conglomerate and explain why you made that choice. Current and expected government policies and regulations, including taxes and regulations in place to address issues related to externalities Global competition on the decisions made by management with regards to change in labor demand, supply, relations, unions, and rules and regulations in your chosen industry Recommend how the industry you chose may respond to each of the previous points. Format your paper consistent with APA guidelines Business – General Business Focus of the Final Project Students will write a Feature Story (800-1,000 words) on a topic and for a magazine of their choice. This project requires students to incorporate the major concepts discussed during the course, such as applying various media communication tools, identifying audience, gathering information and research, and understanding the editing process. The Feature Story should  demonstrate a student’s comprehension of the readings and class discuss†¦ A+ tutorial you will find here – https://bitly.com/12Cn79p Set yourself up for success in college by taking your habits and ideas into consideration. For example, think about whether you are a morning person or an afternoon person. If you aren’t a morning person, don’t even think about signing up for an early class. Schedule courses later in the day so you won’t be tempted to skip. Business – General Business Focus of the Final Project Students will write a Feature Story (800-1,000 words) on a topic and for a magazine of their choice. This project requires students to incorporate the major concepts discussed during the course, such as applying various media communication tools, identifying audience, gathering information and research, and understanding the editing process. The Feature Story should demonstrate a student’s comprehension of the readings and class discussions as well as the implications of new knowledge in the field of media writing and editing.

Leaman brother Research Paper Example | Topics and Well Written Essays - 500 words

Leaman brother - Research Paper Example ublish its financial statement so when the financial statements were released to the public, the financial statements may depict that the bank had money and was paying its debtors (Hallman 1). Once a period of seven or less days had passed and the account statements were published, the bank repurchased sold assets. Anton Valukas was assigned the duty of look into the matter of Lehman Brother and unearth the reasons for its fall down. Valukas states that the Repo 105 transaction was first reported by Mathew Lee who was an employee of Lehman. Lee started by reporting the transactions to the management of Lehman and later reported the findings to the organization’s auditing firm, Ernst & Young and no actions were taken (Hallman 1). Once the firm could no longer indulge in Repo 105, it had to start depicting that it was highly leveraged and did not have money to pay off its debt and ultimately the bank filed for bankruptcy. Due to this several stakeholders had to experience material as well as emotional losses. The main stakeholders who were negatively impacted included the companies that had lent money to the bank, the shareholders of the bank and its employees. When the company went bankrupt there were more than 25000 employees working for them and a major percentage of them had to experience unemployment and social and psychological associated with it (Corelli 326). Furthermore, the shareholders had to lose their money since the company was not performing well and it has been recorded that due to the fall down of the company around $10 trillion funds were injected out of the equity markets (Corelli 326). It is believed but not yet proven that the CPA firm called Ernst & Young (E&Y) was involved in the financial fraud conducted by Lehman Brother. They are said to have been involved in the cover-up of this fraud. Due to these allegations against the CPA firm several civil lawsuits were filed against the firm after the collapse of Lehman Brothers. These lawsuits

Security protocols Case Study Example | Topics and Well Written Essays - 3000 words

Security protocols - Case Study Example Currently, all company servers (file, email, data, web, radius and FTP servers etc.) are located in the server farm at its head office in Birmingham. The other two sites are connected to the head office through leased lines. We will address identified security threats to the current network by categorizing them in to two categories: External Threats: Virus, Trojan, Worms, Spyware, Cyber-attack, Denial of Service Attack, Distributed Denial of Service Attack Residual Threats: Vulnerabilities within the RADIUS server. Only Firewall is implemented on the edge router with packet filtering enabled. 2 Feasibility for the Cloud The Cloud computing helps to provide advantages in terms of reducing cost related to the hardware, software and human resource. On the other hand, various controversial issues such as individual’s privacy, security control risks and data sharing are still in need for a better solution. Similarly, in order to provide cost benefit analysis while practicing risk a ssessment, better development techniques, less cost, high scalability with next generation architecture will be utilized for EEC. However, the open source is considered in providing core facilities in cloud computing in order to enable the cost reduction input or cost free structure for cloud service providers. In fact, the cloud computing service can use the open source in order to gain power and control to launch next generation proprietary platforms which can be similar to Web 2.0. The Linux operating systems are also utilized for cloud computing, as company’s ecommerce site is run on a UNIX based web server. Moreover, if there is no license cost such as Microsoft operating system than Linux operating system is likely to use cloud computing services. In fact, it is visibly stated by IBM in the economics of scale that â€Å"one of the primary drivers for expanding the cloud is open source.† The application or the software in any computing environment is believed as a core element, however it is expensive. The open source is not all the time successful because they are partially present in some organizations. A number of open source applications are related with the cloud and is accessed through a variety of obligations. These obligations include open source license and other relevant stuff. Similarly, an efficient compliance procedure related to address issues and diminish risk, a software license is required. Moreover, new risks are not initiated by the cloud computing. However, the services that are linked with cloud computing generates risk. The applications that are associated with the operational tasks along with cloud computing are distributed as compared to other software applications. In fact, reduced visibility along with no evaluation or calculation of the industry is present. Therefore, it cannot be characterized as the obligations incorporating copy license. In order to access cloud computing online services through web browser, you need an updated computer that can support all the necessary features regarding current Web browsers. Moreover, fast Internet connection is also required in order to experience sheer clod computing features. Including an updated workstation along with all the needed updates are installed. An old workstation is update to Windows 7 will cost about $70 but on the other hand, Windows 7 or Vista does not support all the VGA drivers and there are hardware compatibility issues are also present. In

Development professionals - The BCG Way Case Study

Development professionals - The BCG Way - Case Study Example The process of career development and mentorship processes that are followed in the organisational structure of BCG are innovative and modern.In this part of the case study analysis,the evaluation of the career development and mentorship program will be taken up with due consideration to the processes’ strengths and weaknesses. Strengths of the Career Development and Mentorship Process The promotion system at the BCG’s career development process is not based on a specific tenure but on the basis of a â€Å"time window†. It represents that the employees at BCG gets promoted only when they achieve sufficient amount of knowledge and skill in a particular area of operation. The employees pass through a continuous feedback and consulting session with their respective assigned Career Development Committee (CDC) advisors. The advisors become the mentors of the employees and the employees derive sufficient amount of help from them. As the ratings are done on the basis of various working areas of the employees, there exists an opportunity of improvement in all the operating areas. This is because the employees will continuously try to improve all the working areas for better appreciation. The employees get a chance of excelling in the areas of their choice as they are provided with the option to approach their mentors to get them know their areas of interests. This allows the employees to create interesting mode in their jobs. This is known as the staffing pattern where the scope of becoming a generalist or specialist lies for the employees. Moreover, continuous training process for the newly recruited employees is followed in the BCG that provides a basis for the employees to develop in their skills and socializing nature, create network and expand the sense of BCG as an organization. Besides the assignment of CDC advisors to the employees, mentors are also assigned. The interaction sessions with the mentors are more formal than that with the CDC advisors. Weaknesses of the Career Development and Mentorship Process The promotional process that BCG follows may at times create certain feelings of frustrations among the employees. The frustration can come up due to the pressure of performing the best with no room for failures, as failures might lead to their termination. The BCG employers somewhat try to evaluate their employees’ performance strictly, to ensure that the performance is constantly improving. This is most likely to head a chance of non-believing in the performance feedback system of the company. In the case of staffing, the employees have to be proactive in building their skills as they have to show evidence that they are good at the particular area where they are urged to move. For being proactive, the actual levels of performance might get hampered. Provision of formal training might not always produce fruitful results as the BCG itself believes that â€Å"experience is the best teacher†. At times, it might appear that the time allotted for the formal training has resulted in wastage of time, resources and energy with limited facts. Informal mentorship process might not provide appropriate results as too much of advises around the employees can make him/her confused. Moreover, the