Friday, February 28, 2020

The critical analysis of the biopic film -'The Last Emperor' and it's Essay

The critical analysis of the biopic film -'The Last Emperor' and it's underlying feature - Essay Example As such, rather than detailing a point by point plot summary or analyzing different motifs of film-making, the analysis will instead seek to grapple with the issue of major underlying themes that is presented throughout this biopic film. Accordingly, the focus of the essay will be concentric on the film itself; using the three distinct segments of the film to highlight the underlying sense of an end of an era that is represented within the life experience of the main character; Puyi. Likewise, it is the hope of this student that the following discussion will not only be beneficial towards assisting the reader in understanding the film to a better and more complete degree, it is the further hope of this student that the forthcoming analysis will help to reveal core trends and key understandings concerning the interpretation of modern Chinese/Asian history within the era in question. Within the first segment of the film, an imprisoned Puyi experiences a series of flashbacks that depict a much different time than the one he currently finds himself in. Within these flashbacks, the viewer is taken back to a much simpler period of Chinese history; one in which the order of royal succession provided a baseline of expectation and legitimacy that helped to define all of the Chinese Empire (Geier, 1993). As such, Puyi experiences these flashbacks as he considers a very uncertain fate at the hands of a cold and calculatedly divergent regime; at least as compared to that which is represented within the warm and contended feelings that are represented within the flashbacks. Within these flashbacks, a unique trend is represented; one in which the life of royalty in all of its splendor is represented alongside the realization that the remainder of China at the time depicted was much harsher and worse than can even be imagined. Whereas many film makers would have

Wednesday, February 12, 2020

What are the main determinants of bank failure Essay - 1

What are the main determinants of bank failure - Essay Example e recent financial crisis has raised a large number of concerns about the strength of the current banking system to provide stability to the financial markets. Banks taking too much risk are highly prone to fail unless they have hedged their risks properly. Banks may fail if equity is insufficient to provide a safe cushion to write down any non-performing loans (Kolari, pp. 361-387, 2002). Before recent financial turmoil, banks were more concerned about their profitability. They attempted to maximize profits to increase shareholders wealth by increasing their financial advantage. A large deposit base provided for high financial advantage for banks, while their equity cushion continued to diminish. Most banks were using a ratio of more than twenty times debt compared to their equity (Goddard, pp. 1911-1935, 2007). Low level of equity provided a very small cushion for the banks in case of a financial turmoil. A bank with three percent equity could suffer a loss of all its shareholders wealth if it lost just a minor fraction of its loan assets. For example, bank with an equity base of 10 billion pounds and a loan base of as high as 300 billion pounds, would have lost all its equity with a decrease of 3.33% in the value of its loan assets (Altman, pp 589-609, 1968). Banks need to manage their liquidity risk with extreme caution. A bank that maintains to little liquid reserves can go bankrupt if it fails to meet its obligations on time. These obligations include payment on demand deposits and interest payments to depositors holding cash in their saving accounts. If the bank is holding too little cash, it can usually borrow money through inter-bank borrowing at the federal funds rate (Ohlson, pp. 109-131, 1980). However, at times of financial crisis, the liquidity of the market could be low. In the recent financial crisis rumors about bank failures resulted in a run on banks. Depositors wanted to withdraw their money before a suspected bankruptcy. On a usual day banks