Europe's Zombie Megabanks and the Differential Regulatory Arrangements That Keep Them in Play Edward Kane*+ Working Paper
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108 Kansas History “Facing This Vast Hardness”: the Plains Landscape and the People Shaped by It in Recent Kansas/Plains Film
Premiere of Dark Command, Lawrence, 1940. Courtesy of the Douglas County Historical Society, Watkins Museum of History, Lawrence, Kansas. Kansas History: A Journal of the Central Plains 38 (Summer 2015): 108–135 108 Kansas History “Facing This Vast Hardness”: The Plains Landscape and the People Shaped by It in Recent Kansas/Plains Film edited and introduced by Thomas Prasch ut the great fact was the land itself which seemed to overwhelm the little beginnings of human society that struggled in its sombre wastes. It was from facing this vast hardness that the boy’s mouth had become so “ bitter; because he felt that men were too weak to make any mark here, that the land wanted to be let alone, to preserve its own fierce strength, its peculiar, savage kind of beauty, its uninterrupted mournfulness” (Willa Cather, O Pioneers! [1913], p. 15): so the young boy Emil, looking out at twilight from the wagon that bears him backB to his homestead, sees the prairie landscape with which his family, like all the pioneers scattered in its vastness, must grapple. And in that contest between humanity and land, the land often triumphed, driving would-be settlers off, or into madness. Indeed, madness haunts the pages of Cather’s tale, from the quirks of “Crazy Ivar” to the insanity that leads Frank Shabata down the road to murder and prison. “Prairie madness”: the idea haunts the literature and memoirs of the early Great Plains settlers, returns with a vengeance during the Dust Bowl 1930s, and surfaces with striking regularity even in recent writing of and about the plains. -
"Infidelity" As an "Act of Love": Patrick Marber's After Miss Julie (1995) As a Rewrite of August Strindberg's Miss Julie (1888)
"Infidelity" as an "Act of Love": Patrick Marber's After Miss Julie (1995) as a Rewrite of August Strindberg's Miss Julie (1888). مسـرحيــة After Miss Julie للكاتب البريطاني باتريك ماربر كإعادة إبداع لمسرحية Miss Julie للكاتب السويدي أوجست ستريندبرج Dr. Reda Shehata associate professor Department of English - Zagazig University د. رضا شحاته أستاذ مساعد بقسم اللغة اﻹنجليزية كلية اﻵداب - جامعة الزقازيق "Infidelity" as an "Act of Love" Patrick Marber's After Miss Julie (1995) "Infidelity" as an "Act of Love": Patrick Marber's After Miss Julie (1995) as a Rewrite of August Strindberg's Miss Julie (1888). Abstract Depending on Linda Hutcheon's notion of adaptation as "a creative and interpretative act of appropriation" and David Lane's concept of the updated "context of the story world in which the characters are placed," this paper undertakes a critical examination of Patrick Marber's After Miss Julie (1995) as a creative rewrite of August Strindberg's Miss Julie (1888). The play appears to be both a faithful adaptation and appropriation of its model, reflecting "matches" for certain features of it and "mismatches" for others. So in spite of Marber's different language, his adjustment of the "temporal and spatial dimensions" of the original, and his several additions and omissions, he retains the same theme, characters, and—to a considerable extent, plot. To some extent, he manages to stick to his master's brand of Naturalism by retaining the special form of conflict upon which the action is based. In addition to its depiction of the failure of post-war class system, it shows strong relevancy to the spirit of the 1990s, both in its implicit critique of some aspects of feminism (especially its call for gender equality) and its bold address of the masculine concerns of that period. -
Conflicts of Interest in Financial Distress: the Role of Employees
International Journal of Economics and Finance; Vol. 9, No. 12; 2017 ISSN 1916-971X E-ISSN 1916-9728 Published by Canadian Center of Science and Education Conflicts of Interest in Financial Distress: The Role of Employees Wenchien Liu1 1 Department of Finance, Chung Yuan Christian University, Taoyuan, Taiwan, R.O.C. Correspondence: Wenchien Liu, Department of Finance, Chung Yuan Christian University, 200 Chung Pei Road, Chung Li District, Taoyuan City, Taiwan 32023, R.O.C. Tel: 886-3-265-5706. E-mail: [email protected] Received: September 30, 2017 Accepted: October 25, 2017 Online Published: November 10, 2017 doi:10.5539/ijef.v9n12p101 URL: https://doi.org/10.5539/ijef.v9n12p101 Abstract The interests of employees are not consistent with those of other stakeholders when firms are in financial distress. Hence, conflicts of interest among stakeholders are more severe, especially for those firms with strong union power, as news is reported in the media. However, little attention has been paid to the impacts of employees on bankruptcy resolutions. This study examines the impacts of employees (i.e., union power) on the conflicts of interest of distressed firms in the United States from 1983 to 2015. We find that union power has strong effects on conflicts of interest related to employees, such as asset sales, debtor-in-possession financing, successful emergence from bankruptcy, and CEO replacement. On the contrary, for conflicts of interest unrelated to employees, including the choice of bankruptcy resolution method, and conflicts of interest between creditors and debtors, we find no significant relationships. Finally, we also find a positive impact of union power on the probability of refiling for bankruptcy in the future after emerging successfully. -
Strindberg on International Stages/ Strindberg in Translation
Strindberg on International Stages/ Strindberg in Translation Strindberg on International Stages/ Strindberg in Translation Edited by Roland Lysell Strindberg on International Stages/Strindberg in Translation, Edited by Roland Lysell This book first published 2014 Cambridge Scholars Publishing 12 Back Chapman Street, Newcastle upon Tyne, NE6 2XX, UK British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library Copyright © 2014 by Roland Lysell and contributors All rights for this book reserved. No part of this book may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the copyright owner. ISBN (10): 1-4438-5440-9, ISBN (13): 978-1-4438-5440-5 CONTENTS Contributors ............................................................................................... vii Introduction ................................................................................................. 1 Section I The Theatrical Ideas of August Strindberg Reflected in His Plays ........... 11 Katerina Petrovska–Kuzmanova Stockholm University Strindberg Corpus: Content and Possibilities ........ 21 Kristina Nilsson Björkenstam, Sofia Gustafsson-Vapková and Mats Wirén The Legacy of Strindberg Translations: Le Plaidoyer d'un fou as a Case in Point ....................................................................................... 41 Alexander Künzli and Gunnel Engwall Metatheatrical -
'I'm a Devilish Fellow Who Can Do Many Tricks'
FACTS ABOUT SWEDEN | AUGUST STRINDBERG sweden.se P P H H O O T T O: O: S N T ORDI RIND S B K ER A MU GS MU S EE S T EE T August Strindberg: self-portrait from Gersau, Switzerland, 1886. Jealousy Night, painted by Strindberg in Berlin, Germany, 1893. AUGUST STRINDBERG: ‘I’M A DEVILISH FELLOW WHO CAN DO MANY TRICKS’ A hundred years after his death, August Strindberg (1849–1912) continues to fascinate. He was a trailblazer and innovator in his time and still manages to provoke audiences in theaters around the world. There is always an aspect of Strindberg’s everyday language, and today his texts led. His literary development largely fol- character – from the raging sociopoliti- feel remarkably modern. lowed the twists and turns of his private cal polemicist to the psychologically life, including the crises arising from his introspective writer – that fits the prevail- Man of many talents marriage break-ups and political contro- ing spirit and intellectual climate of the People are amazed by Strindberg’s ver- versies. times. His thoughts on morality, class, satility. He tackled most genres. Aside power structures and familial politics from being an innovator in drama and Upbringing and studies are still relevant today. The unflagging prose, he was a poet, a painter, a pho- Johan August Strindberg was born on struggle for free thinking and free speech tographer, even a sinologist. 22 January 1849. He would later claim that he waged throughout his life is more Strindberg’s stormy private life also that his childhood was one of poverty important than ever in a time when cen- explains his enduring appeal, especially and neglect but the family was not poor. -
NBER Reporter Online, Volume 1981
A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics National Bureau of Economic Research (NBER) (Ed.) Periodical Part NBER Reporter Online, Volume 1981 NBER Reporter Online Provided in Cooperation with: National Bureau of Economic Research (NBER), Cambridge, Mass. Suggested Citation: National Bureau of Economic Research (NBER) (Ed.) (1981) : NBER Reporter Online, Volume 1981, NBER Reporter Online, National Bureau of Economic Research (NBER), Cambridge, MA This Version is available at: http://hdl.handle.net/10419/62107 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence. www.econstor.eu NATIONAL BUREAU OF ECONOMIC RESEARCH, INC. SPRING 1981 Program Report I nternational Studies William H. Branson The research in NSER's Program in International Studies falls into three major categories: exchange rates, com parative macroeconomics, and long-run structural changes in the world economy. -
2018 Meeting Program
2018 Eastern Finance Association 54th Annual Meeting Philadelphia, PA EFA Eastern Finance Association Welcome to the 54th Annual Meeting of the Eastern Finance Association President David Becher Vice-President – Program Michael Goldstein Vice-President – Local Arrangements Edward Nelling Executive Director David Lange Vice-President – Planning Anne Anderson Vice-President – Finance Jon Fulkerson 2018 Eastern Finance Association i Table of Contents Welcome Message – Michael Goldstein, Vice-President – Program 2018 1 Events & General Information 2 EFA Leadership – Officers & Directors 3 EFA Program Organizers 4 EFA Program Committee Members 5 List of EFA Distinguished Scholars 8 2018 Distinguished Scholar Award 9 Outstanding Paper Awards 10 Exhibitors 13 Sessions Summary 14 Thursday Sessions 18 Friday Sessions 37 Saturday Sessions 53 Participant Index 62 Future Meeting Information 69 Hotel Floor Plan Map 70 2018 Eastern Finance Association ii Dear EFA Members and 2018 Meeting Participants, Welcome to Philadelphia! The EFA O cers and Directors, Track Chairs, members of the Program Committee and I welcome you to the 54th Annual Meeting of the Eastern Finance Association. With nearly 225 research papers in 82 academic sessionsffi including 12 special sessions, and Professor Joel Hasbrouck as our keynote speaker, it promises to be an exciting meeting. Professor Joel Hasbrouck, of the Stern School of New York University, is the recipient of the 2018 Distinguished Scholar Award. Joel has published widely in the area of markets and trading. He has published numerous articles in leading peer‐reviewed journals, currently serves as an associate editor for a number of finance journals, and is a former editor of the Review of Financial Studies. -
Policy Brief
Policy Brief 2009-PB-06a September 2009; revised April 2010 Unmet Duties in Managing Financial Safety Nets Edward J. Kane Abstract: Officials must show that they understand why and how the public’s confidence in the federal government’s ability to manage financial turmoil was lost. Leaders of the Treasury, Federal Reserve, and the U.S. Securities and Exchange Commission must face up to their institutions’ roles in an uncomfortable sequence of events. First, procedures adopted at private firms and federal agencies for supervising securitization activity at commercial banks, investment banks, and government-sponsored enterprises inappropriately shortcut due diligence by outsourcing the monitoring and policing of the safety-net consequences of potential defects in the securitization process to private parties. Second, when the adverse consequences of this imprudent arrangement emerged, officials falsely claimed that the difficulties that short-funded, highly leveraged firms were facing in rolling over debt reflected a shortage of market liquidity rather than a shortage of economic capital at key firms. Among knowledgeable parties, this raised severe doubts about the integrity and competence of the officials in charge of rescuing the industry. Finally, the panicky way that the Treasury and President recharacterized the nature and extent of the industry’s accumulated losses in September 2008 created an extreme urgency that subsequent delays in implementation revealed to have been dangerously exaggerated. That authorities and financiers violated common-law duties of loyalty, competence, and care they owe taxpayers indicates a massive incentive breakdown in industry and government. What is needed is a thorough-going reorientation of: (1) how regulatory agencies report both on their performance and their interactions with Congress and the Administration, and (2) the contract structures and performance measures that determine how top managers and top staffers are graded and paid, not only in the financial industry but in government as well. -
Ballad Opera in England: Its Songs, Contributors, and Influence
BALLAD OPERA IN ENGLAND: ITS SONGS, CONTRIBUTORS, AND INFLUENCE Julie Bumpus A Thesis Submitted to the Graduate College of Bowling Green State University in partial fulfillment of the requirements for the degree of MASTER OF MUSIC August 7, 2010 Committee: Vincent Corrigan, Advisor Mary Natvig ii ABSTRACT Vincent Corrigan, Advisor The ballad opera was a popular genre of stage entertainment in England that flourished roughly from 1728 (beginning with John Gay's The Beggar's Opera) to 1760. Gay's original intention for the genre was to satirize not only the upper crust of British society, but also to mock the “excesses” of Italian opera, which had slowly been infiltrating the concert life of Britain. The Beggar's Opera and its successors were to be the answer to foreign opera on British soil: a truly nationalistic genre that essentially was a play (building on a long-standing tradition of English drama) with popular music interspersed throughout. My thesis explores the ways in which ballad operas were constructed, what meanings the songs may have held for playwrights and audiences, and what influence the genre had in England and abroad. The thesis begins with a general survey of the origins of ballad opera, covering theater music during the Commonwealth, Restoration theatre, the influence of Italian Opera in England, and The Beggar’s Opera. Next is a section on the playwrights and composers of ballad opera. The playwrights discussed are John Gay, Henry Fielding, and Colley Cibber. Purcell and Handel are used as examples of composers of source material and Mr. Seedo and Pepusch as composers and arrangers of ballad opera music. -
From Daraa to Damascus: Regional and Temporal Protest Variation in Syria
From Daraa to Damascus: Regional and Temporal Protest Variation in Syria by Shena L. Cavallo B.A. International Relations and Spanish, Duquesne University, 2007 Submitted to the Graduate Faculty of The Graduate School of Public and International Affairs in partial fulfillment of the requirements for the degree of M.A International Development University of Pittsburgh 2012 UNIVERSITY OF PITTSBURGH Graduate School of Public and International Affairs This thesis was presented by Shena L. Cavallo It was defended on May 23, 2012 and approved by M. Müge Kokten-Finkel, PhD, Assistant Professor Ilia Murtazashvili, PhD, Assistant Professor Paul J. Nelson, PhD, Associate Professor Thesis Director: Luke N. Condra, PhD, Assistant Professor ii Copyright © by Shena L. Cavallo 2012 iii From Daraa to Damascus: Regional and Temporal Protest Variation in Syria Shena Cavallo, MID University of Pittsburgh, 2012 When protest erupted in Syria on March 2011, there was considerable analysis seeking to explain the initial display of collective action. While this initial showing of dissent caught some off-guard, what was more remarkable is how the protest movement managed to endure, well over a year, despite policies of severe repression, a lack of established opposition organizations, and a lack of regime defections. This paper seeks to explore which factors have sustained the protest movement, as well as the role of these factors at different stages in the ‘protest wave’ and the relationship these variables share with region- specific waves of protest. I hypothesize that more traditional approaches to understanding protest longevity must be expanded in order to help explain contemporary events of protest, particularly in authoritarian contexts. -
Resurrection Libretto FIN.Indd
HANDEL The Resurrection Production Underwriter Vivian Elizabeth Pilar LIBRETTO & TRANSLATIONS 1 HANDEL The Resurrection Part 1, Scene 1 The Angel demands admittance at the gates of Hell and declares that Christ, though he has died, will now conquer Death, Guilt and Misery (Morte, Colpa, Pena). Lucifer summons the powers of Hell to oppose him. ANGELO ANGEL Disserratevi, o porte d’Averno, Be unbarred, ye gates of Avernus, E al bel lume d’un Nume ch’è eterno and let your dismal darkness be dispelled Tutto in lampi si sciolga l’orror! by the radiance of the eternal God! Cedete, orride porte, Yield, dread gates, Cedete al Re di Gloria, yield to the King of Glory, Che della sua vittoria for yours is the first submission Voi siete il primo onor! to His victorious might! Disserratevi, etc. Be unbarred, etc. LUCIFERO LUCIFER Qual’ insolita luce What unexpected light Squarcia le bende alla tartarea notte? rends the bonds of Tartarean night? Qual’ eco non più udita What sounds unheard before Con armonia gradita echo harmoniously Fa intorno risonar le stigie grotte? throughout the Stygian caves? Se son del mio valore If they are acclamations Gli applausi, giusti sono! of my valour, they are fitting! Oggi, che vincitore, For today as victor, Cittadini d’Abisso, a voi ritorno; citizens of the Abyss, I return to you, E già mi vendicai con fiero sdegno having avenged myself with proud disdain Di chi perder mi fé de’ cieli il Regno! upon the one who cast me out of Heaven! LUCIFERO LUCIFER Caddi, è ver, ma nel cadere I fell, ‘tis true, but in falling Non perdei forza né ardire. -
Enforcements in Financial Disputes: a Case for An
ENFORCEMENTS IN FINANCIAL DISPUTES: A CASE FOR AN INTERBANK AWARD CLEARING FRAMEWORK Mohamed Raffa U1320615 A Thesis submitted in partial fulfilment of the requirements of the University of East London for the degree of Doctor of Philosophy in Law Supervisors Dr. Iwa Salami University of East London Law Department School of Business and Law 2 Abstract Resolving disputes resulting from high speed and fast-moving financial transactions has become an essential requirement for the stability of global financial markets as proven by previous crises. In the 2007 crisis, millions of investors ended with worthless investment agreements. The public did not believe they could pursue claims in state courts and had no faith in the operating regulatory systems. Delays in the enforcement of compensatory awards drained the concept of justice of its meaning. Bankers were bailed out instead of being made to pay for acts of recklessness, information asymmetry and mis-selling. The result was panic and a run on investment banks and the financial crisis ensued. The question is whether an arbitration process that guarantees immediate payment of arbitral awards can accelerate recovery from a crisis and alleviate the burden on state bailouts using taxpayers’ money? Empirical research show that enforceable and swift dispute resolution for financial disputes can establish certainty in the financial markets and assist in deterring imbedded acts of moral hazard within the financial sector. This in turn will impede the main ingredient for financial crises generated within the financial institutions sector and reduce the possibility of recurrences of financial crises such as that of 2007/2008.