Lewinsky vs Clinton Essay Example For Students

Lewinsky versus Clinton Essay Maybe the greatest presidential embarrassment since the Nixon organization became visible in January 1998. This is the point at which the now notorious Monica Lewinsky first showed up on our TVs. The American populace didn't know Ms. Lewinsky until the outrage broke. After the media was educated regarding the exercises between President Clinton and Monica Lewinsky the generally secret lady was immediately the subject of discussion everywhere throughout the world. The aim of this paper isn't to make sense of who was correct or wrong in the outrage, the thinking behind it is to show how the broad communications shapes and actualizes our own thoughts and suppositions about individuals. Each supposition we have is by one way or another identified with who and what we see around us. How these things are depicted on TV or in magazines impacts our general mentality towards them. Much of the time we have just the media to depend on when finding out about specific occasions. Once in a while y ou can check more than one source to hear an alternate point of view, however a greater number of times than not the general picture produced by all media foundation of an individual or occasion is fundamentally the same as. In this sense it is hard once in a while to get a reasonable viewpoint of the events. The perspectives that the American open has towards Bill Clinton and Monica Lewinsky have been legitimately influenced by how the broad communications depicted every person. Susan Douglas book Where The Girls Are is an impression of exactly how controlling the broad communications is over the suppositions and thoughts of the individuals that it comes to. Douglas discusses the manners by which the broad communications frames a people character. She centers around the impacts that the media has on ladies as they experience childhood in America. On the off chance that this is valid, at that point maybe Monica Lewinsky was formed so that she felt committed to surrender to the presi dents wishes of having a relationship. After the embarrassment broke the media at that point continued to shape the publics assessment of Ms. Lewinsky. It is simple for our conclusions to be influenced on the off chance that we know nothing about the subject or person. One spot that is close to difficult to escape general society and media is the White House. Bill Clinton has been tormented by embarrassment since going into the White House in 1992. As the Lewinsky embarrassment started President Clinton was simply recuperating from the Whitewater outrage. Before Lewinsky, Clinton was blamed for having a sexual relationship with Gennifer Flowers while he was the legislative head of Arkansas. Clinton denied these reports during his 1992 crusade. In any case, in a testimony a couple of years after the fact the president confessed to taking part in an extramarital entanglements with Flowers. Paula Jones who worked for him while he was senator likewise sued Clinton. Jones questioned that Clinton rewarded her unjustifiably after she would not have a sexual relationship with him. In spite of these rehashed embarrassments Mr. Clinton has kept up a genuinely strong response from the prevailing press. I emphatically feel that Clintons absence of responsibili ty is because of the way that the greater part of the outrages that he has been associated with relate to sexual associations with ladies. The male commanded media depicts this in a happy manner. Then again, the females engaged with these outrages have been described as unjustifiable skanks searching for a major payday. Conflicting to Clintons past is that of Monica Lewinsky. Monica experienced childhood in Beverly Hills California. Her dad possessed a chain of malignant growth treatment facilities. While investigating the delineations that those near Ms. Lewinsky have, an altogether different individual is uncovered. Monica is incredibly, fiery and appealling and has enormous thoughts and regardless of what task you give her, she gets included and goes to it, said her father, Dr. Bernard Lewinsky. Richard Makoff, Lewinskys previous dean, stated, I recollect her being a pleasant child and really ordinary youngster. The main extra-curricular movement she was engaged with was tune. Mo nica moved on from Lewis and Clark College in Portland, Oregon in May 1995. The accompanying summer, Monica showed up at the White House as an understudy (Aiken). The media has demonstrated Monica Lewinsky in a very surprising light than her dad and

Critically evaluate the role counseling and psychotherapy theory and Essay

Fundamentally assess the job directing and psychotherapy hypothesis and practice in the utilization of experience treatment - Essay Example It is imperative to take note of the fitting job and utilization of guiding with regards to society and comparable to unusual brain research. For instance, the guide is principally managing typical, working kids and grown-ups that may sooner or later during their life create mental or passionate issues with which they profit by close to home and expert help. For the most part, between 5% to 10% of the populace whenever can be relied upon to show the signs and side effects of major psychological sickness as characterized in irregular brain research, for example, schizophrenia, bipolar disarranges, insanities, psychosis, and so forth., however under 1% will require clinical hospitalization. (NIMH, 2008, See: Appendix) This leaves guiding as a calling entrusted with first isolating instances of anomalous brain research from issues of typical improvement of people, and besides, aiding the arrangement of powerful treatment to the people who are looking for advising. It is in this setting Adventure Therapy ought to be comprehended, just as its application, for there might be human advancement issues that are brought about by the individual’s connection to present day society that can all the more likely be settled by medicines encouraging social connections and exercise exercises rather than pharmaceuticals or systematization. In any case, there may likewise be examples where a mix of medicine and Adventure Therapy can likewise aid the treatment of those harrowed with mental issues and psychological maladjustment. Making the capacity to recognize the causes and medicines for patients is a significant part of preparing that the instructor must attempt, remembering research for an assortment of strategies and a readiness to try in finding the treatment that best suits the one of a kind sort of each person and adequately advances constructive emotional well-being recuperations. The life of an individual can be seen on a continuum of usefulness identified with sel f-acknowledgment with typicality at the inside, working at the most elevated levels of individual mental and physical tasks at one extraordinary, and the psychoses and depressions of serious psychological maladjustment or craziness at the other outrageous. The advocate can anticipate the scope of conduct for the vast majority to remain inside the domain of ordinary procedure on regular events, wandering into mental emergency through difficulties, issues, and impediments throughout everyday life or relationship gives that once in a while should be tended to by the person. Review the counselor’s office as a blend between a general practitioner’s office and a crisis room features the way that the instructor must get ready for the entirety of the possibilities of psychological sickness, yet additionally for emotional wellness, in the populace the person is entrusted with serving. Directing in such manner can be viewed as an apparatus to help keep up or reestablish commonal ity to people dependent on their own self-meaning of significance and acknowledged cultural measures of working. In having the option to recognize the basic and clinical side effects of serious psychological sickness and the variables that are required to construct a more grounded feeling of prosperity and emotional wellness, the advocate can start to serve the decent variety of necessities that the person in question will experience inside a given populace, just as to see a portion of the causes that lead individuals to psycho-otherworldly emergency and life

Caines Arcade

Caine’s Arcade Caine is a 9 year old boy from East LA. His dad, George, runs a used auto parts store. It doesnt get much foot traffic anymore what business they do is done through eBay and so their storefront is mostly abandoned. Caine loves arcades. So last summer, while home on break, he began making arcade games out of cardboard. He made claw games and soccer games and all sorts of different games, rummaging for raw materials in the junk yard and the trash and in school recycling bins. But he never got any customers. One day, independent filmmaker Nirvan Mullick of Interconnected.is chanced to stop by the store to buy a handle for his old Corolla.  He started playing Caines games. Then he made a movie about him. Fair warning: wherever you happen to be, it will get real dusty real quick once you hit play. I thought about writing something kitschy and sappy here about doing whatever you want with your imagination, following your dreams, being creative, etc. But something that cute and pat I think does a disservice to the small miracle of beauty that is this movie and its star. I will, however, say that the Caines Arcade website is collecting donations for a college scholarship fund, should you, like me, be interested in seeing what Caine can do with an engineering degree.

Definition of Semi-Auxiliaries and Semi-Modals

In English grammar, a semi-auxiliary is a multi-word construction based on an auxiliary verb and having some of the same grammatical characteristics. Also known as a semi-modal or a lexical auxiliary. Semi-auxiliaries include be about to, be able to, be going to, be likely to, be supposed to, had better, have to, ought to, used to, and would rather. Some are followed by an infinitive; others by a zero infinitive. Geoffrey Leech et al. note that the semi-modals are probably the most cited cases of grammaticalization in the ongoing history of English. Among these, in turn, the protoypical, most indubitable cases of semi-modal status are BE going and HAVE to . . .. [T]he lexically independent verbs have and go have, over the centuries, gradually acquired an auxiliary-like function in construction with the infinitive to (Change in Contemporary English: A Grammatical Study, 2012). Also Known As:  semi-modal, quasi-modal, periphrastic modal, phrasal auxiliary, modal-like, modal idiom, lexical auxiliary Examples and Observations What you have become is the price you paid to get what you used to want.(Mignon McLaughlin, The Complete Neurotics Notebook. Castle Books, 1981)Women have got to make the world safe for men since men have made it so darned unsafe for women.(Lady Nancy Astor)We had better dispense with the personification of evil, because it leads, all too easily, to the most dangerous kind of war: religious war.(Konrad Lorenz, On Aggression, 1963)Girl, you look so good, someone ought to put you on a plate and sop you up with a biscuit.(Arsenio Hall as Reverend Brown in Coming to America, 1988)Reckon somebody oughta help the poor guy.(Nigel in Finding Nemo, 2003)A great teacher is supposed to show them there are other points of view besides their own.(Matthew Morrison as Will Schuester, The Substitute. Glee, 2010)Im shaking the dust of this crummy little town off my feet and Im going to see the world. Italy, Greece, the Parthenon, the Coliseum. Then Im going to go to college and see what they know, an d then Im going to build things. Im gonna build air fields. Im gonna build skyscrapers a hundred stories high. Im gonna build bridges a mile long.(George Bailey in Its a Wonderful Life [1946], adapted from the short story The Greatest Gift [1943] by Philip Van Doren Stern) Strings of Semi-Auxiliaries Only the first word in a semi-auxiliary is a true auxiliary, since only that word functions as an operator, for example in forming questions: Is Sandra going to apply for the job?Had I better eat now?Is Jennifer supposed to phone us today? The semi-auxiliaries may come together to make a long string of verbs: We seem to be going to have to keep on paying the full fee.They are likely to be about to start working on our project. (Sidney Greenbaum and Gerald Nelson, An Introduction to English Grammar, 3rd ed. Pearson, 2009) The Habitual Past With Used to The   past form of habitual aspect is often expressed by the semi-auxiliary used to: Your mother used to sleep like a log.People used to whitewash their ceilings.My father used to bath us six kids in front of the fire. These utterances describe situations that occurred habitually in the past.(Thomas Edward Payne, Understanding English Grammar: A Linguistic Introduction. Cambridge University Press, 2010) The Future With Going to The salient semantic and pragmatic features of going to which are generally underlined by grammarians are: - its relatively informal style with respect to will (Huddleston and Pullum, 2002: 211). The widespread use of gonna (as opposed to going to in conversation is often a marker of informality; and it certainly is in written texts when spelt that way. . . .;- its dual meaning of future fulfillment of present intention and future result of present cause (Quirk et al. 1985), which have often been summed up as its intentional meaning and its predictive meaning;- its tendency to be used to indicate the proximity of a future event unless there is a time adverbial or context indicating otherwise (Declerck 1991: 114). The fact that the structure is that of the present progressive form of the verb to go would seem to underline strongly its connection with the present (Williams 2002: 102). (Yiva Berglund and Christopher Williams, The Semantic Properties of Going to: Distribution Patterns in Four Subcorpora of the British National Corpus. Corpus Linguistics 25 Years On, ed. by Roberta Facchinetti. Rodopi, 2007) Markings for Tense and Person [S]ome of the semi-modals, like have to and be going to, can be marked for tense and person: - past tense:He had to call the police. (CONV)- third-person agreement:Maybe she has to grow up a bit more. (CONV) These semi-modals can sometimes co-occur with a central modal verb or another semi-modal.(Douglas Biber, Susan Conrad, and Geoffrey Leech, Longman Student Grammar of Spoken and Written English. Pearson, 2002)

Sexual Racial Discrimination Essay - 840 Words

Scott Kim Communications 10 Prof. M. Goldstein Katharine Hepburn, Harvey Milk, Fred Korematsu, and Kenneth Clark were all leaders representing minorities in America. These deviants to society made efforts to bring about positive cultural changes in times of strong sexual or racial discrimination. Great improvements have been made as a result of the contributions these citizens made to our country. In 1930’s America, the public view on gays and lesbians were not as liberal as they are today. It wasn’t until influential figures like Katharine Hepburn and Harvey Milk caused up a stir in social politics that changes were made. Katharine Hepburn was a successful Hollywood actor with major roles in big screen films as well as in†¦show more content†¦His death came as a shock to the gay community and he is often seen as a martyr who died for the cause. Racism is a disease that is deeply ingrained in American society. It has its roots in the colonial era when slaves were brought over from Africa to help build this country. Since then, every new wave of immigrants with a different face or culture was faced with discrimination by the â€Å"White Christian Male†. African Americans had endured the worst end of racism for decades under the hands of the white man as well as other ethnicities that assimilated with the WEM’s (White European Male). Consequently, the culture and psyche of Black Americans had been bruised and many of them have a self-hating complex that regard anything of white culture to be superior to his or her own. Kenneth Clark was a psychologist who set out, once and for all, to prove that segregation is institutionalized racism. His â€Å"black doll/white doll† study is a great contribution to racial studies and it is used even to this day. Before the 60’s, the US had laws in place on how many immigrants of Asian descent would be permitted into the country. Even before that, the Japanese immigrants who were already settled in America faced much discrim ination from the majority culture, though not nearly as severe as what the black people faced. Even so, they were still considered second-class to white people and were often not treatedShow MoreRelatedRacial And Sexual Discrimination Throughout Desiree s Baby And Society1408 Words   |  6 PagesRacial and Sexual Discrimination Throughout Desiree’s Baby and Society It was a very tough life for many women and blacks during the 19th Century because of the domination of the white men. Their social and economic lives showed the hardships they faced and was a constant reminder of the domination. The social ideology present in â€Å"Desiree’s Baby† was a powerful and dangerous force that showed no mercy to any character. A woman with small children who lost her husband would find no support or comfortRead MoreDiversity Analysis : Diversity Management Essay1040 Words   |  5 Pagesinformation. 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Values Free Essays

Another thing I value is happiness this is a personal value for me, I believe in being happy as much as you can and to keep a positive mind set, happiness is also a key factor in helping me get through the tough times that I face through-out my life. Motivation is something else I value and this is also a personal value. I always try my hardest to stay motivated and be positive, I value this is because it helps me to keep going and to give all I have in order to receive the best results in whatever I do. We will write a custom essay sample on Values or any similar topic only for you Order Now Three core values that influence practice are respect, confidentiality, non- judgmental attitude and protection. Maintaining a non-judgmental attitude around the clients is very important. The belief of social care work does not include assigning guilt or innocence. When using a non-judgmental attitude you have to allow the listener to hear and understand exactly what is being said and enable the person to talk freely and comfortably about problems without feeling that he or she is being judged. The attitudes involved in being non-judgmental are acceptance, genuineness and empathy. Acceptance is all about representing the person’s feelings experiences and values, even if they are different from yours it is important that you do not criticism them because of your own attitudes or beliefs. Genuineness is about showing the person that you accept them and their values by what you say or do. Try to reach a position where your body language reflects what you say. Empathy is the ability to place yourself in another person’s shoes and to demonstrate to the person that you truly hear and understand what they are saying and feeling. This is not the same as sympathy which is about feeling sorry for the person. Another value that influences practice is confidentiality you must strive to establish and maintain the trust and confidence of service users and career. A duty of confidence arises when one person discloses information to another in circumstances where it is reasonable to expect that the information will be held in confidence. Confidentiality is a fundamental part of professional practice that protects human rights. It is not acceptable to discuss matters related to the people in their care outside the clinical setting, Discuss a case with colleagues in public where hey may be overheard or leave records unattended where they may be read by unauthorized persons. Miller describes confidentiality as â€Å"The idea of protecting information from misuse† (2005:46) she then suggests information should only be passed on when necessary and the individual must be made aware that information can and will be passed on if necessary. Miller (2005) refers to the organization and not the employee as an individual. She also discusses the strict guidelines of confidential information. Confidential information gathered for one purpose should not be used for another. The consent of the individual should be given at all times other than in exceptional circumstances this must be made clear to the service user. Another value that influences practice is protection. As a social service worker, you must protect the rights and promote the interests of service users and careers. You must treat each person as an individual, you must respect their dignity, must not discriminate in any way against those in your care, you must treat people kindly and you must act as an advocate for those in your care, helping them to access relevant health and social care information and support. How to cite Values, Papers

Accounting & Financial Management

Questions: 1.What is the monthly payment? 2.How much of the first payment is interest? 3.How much of the first payment is principal? 4. How much will Casino.com Corporation owe on this loan after making monthly payments for three years (the amount owed immediately after the thirty-sixth payment)? 5.Should this loan be refinanced after three years with a new seven-year 7 per cent loan, if the cost to refinance is $250,000? To make this decision, calculate the new loan payments and then the present value of the difference in the loan payments? 6.Demonstrated knowledge of the nature of a bank, financial risks and asymmetric information? Answers: 1. The monthly payment for the present loan will be as follows: Calculation of Monthly Payments:- Particulars Amount Loan Amount $20,000,000 Period (in years) 10 Interest Rate p.a. 8% Nos. of Payments p.a. 12 No. of total Monthly Payments 120 Effective Interest Rate 0.67% Amount of Monthly Payments $242,655.19 2. The interest of the first payment is computed below: Calculation of Interest Amount on First Payment:- Particulars Amount Loan Amount $20,000,000 Interest Rate p.a. 8% Nos. of Payments p.a. 12 Effective Interest Rate 0.67% Interest on First Payment $133,333 3. The principal of the first payment will be as per the following table: Calculation of Principal Amount on First Payment:- Particulars Amount Amount of Monthly Payments $242,655 Interest on First Payment $133,333 Principal on First Payment $109,322 4. The balance loan amount after paying the monthly installments for first 3 years will be $15,568,578, as per the following table: Period Opening Balance Interest Rate Interest Amount Monthly Payment Principal Amount Due Balance 1 $20,000,000 0.67% $133,333 $242,655 $109,322 $19,890,678 2 $19,890,678 0.67% $132,605 $242,655 $110,051 $19,780,627 3 $19,780,627 0.67% $131,871 $242,655 $110,784 $19,669,843 4 $19,669,843 0.67% $131,132 $242,655 $111,523 $19,558,320 5 $19,558,320 0.67% $130,389 $242,655 $112,266 $19,446,054 6 $19,446,054 0.67% $129,640 $242,655 $113,015 $19,333,039 7 $19,333,039 0.67% $128,887 $242,655 $113,768 $19,219,271 8 $19,219,271 0.67% $128,128 $242,655 $114,527 $19,104,744 9 $19,104,744 0.67% $127,365 $242,655 $115,290 $18,989,454 10 $18,989,454 0.67% $126,596 $242,655 $116,059 $18,873,395 11 $18,873,395 0.67% $125,823 $242,655 $116,833 $18,756,562 12 $18,756,562 0.67% $125,044 $242,655 $117,611 $18,638,951 13 $18,638,951 0.67% $124,260 $242,655 $118,396 $18,520,555 14 $18,520,555 0.67% $123,470 $242,655 $119,185 $18,401,371 15 $18,401,371 0.67% $122,676 $242,655 $119,979 $18,281,391 16 $18,281,391 0.67% $121,876 $242,655 $120,779 $18,160,612 17 $18,160,612 0.67% $121,071 $242,655 $121,584 $18,039,028 18 $18,039,028 0.67% $120,260 $242,655 $122,395 $17,916,633 19 $17,916,633 0.67% $119,444 $242,655 $123,211 $17,793,422 20 $17,793,422 0.67% $118,623 $242,655 $124,032 $17,669,389 21 $17,669,389 0.67% $117,796 $242,655 $124,859 $17,544,530 22 $17,544,530 0.67% $116,964 $242,655 $125,692 $17,418,838 23 $17,418,838 0.67% $116,126 $242,655 $126,530 $17,292,309 24 $17,292,309 0.67% $115,282 $242,655 $127,373 $17,164,936 25 $17,164,936 0.67% $114,433 $242,655 $128,222 $17,036,713 26 $17,036,713 0.67% $113,578 $242,655 $129,077 $16,907,636 27 $16,907,636 0.67% $112,718 $242,655 $129,938 $16,777,699 28 $16,777,699 0.67% $111,851 $242,655 $130,804 $16,646,895 29 $16,646,895 0.67% $110,979 $242,655 $131,676 $16,515,219 30 $16,515,219 0.67% $110,101 $242,655 $132,554 $16,382,665 31 $16,382,665 0.67% $109,218 $242,655 $133,437 $16,249,228 32 $16,249,228 0.67% $108,328 $242,655 $134,327 $16,114,901 33 $16,114,901 0.67% $107,433 $242,655 $135,223 $15,979,678 34 $15,979,678 0.67% $106,531 $242,655 $136,124 $15,843,554 35 $15,843,554 0.67% $105,624 $242,655 $137,031 $15,706,523 36 $15,706,523 0.67% $104,710 $242,655 $137,945 $15,568,578 5. If the company would refinance the loan with a new loan for seven years with 7% interest along with $250,000, as cost of finance, then the amount of new loan payments will be as follows: Calculation for Payment for New Loan:- Particulars Amount Amount of New Loan $15,568,578 Period (in years) 7 Interest Rate p.a. 7% Nos. of Payments p.a. 12 No. of total Monthly Payments 84 Effective Interest Rate 0.58% Payment for New Loan $25,376,689 The difference between the present values of two loan amounts is calculated below: Difference between two loan amounts:- Particulars Amount Amount of New Loan Payment $25,376,689 Interest Rate 7% Period (in years) 10 Present Value of New Loan Payment $12,900,222 Cost of Finance $250,000 Interest Rate 7% Period (in years) 3 Present Value of Refinancing Cost $204,074 Present Value of Total New Loan $13,104,296 Balance of the Old Loan $15,568,578 Interest Rate 8% Period (in years) 7 Future Value of Balance Loan after Ten Years $26,681,806 Total Period (in years) 10 Present Value of the Balance Loan $12,358,839 Difference between Old and New Loan $745,457 As per the above, the present value of new loan would be higher than the present value of old loan. It indicates that the company has to spent higher interest for the old loan in comparison to the new loan, though the new loan would cause to additional cost of finance. Therefore, it can be stated that the company should refinance the loan after three years to reduce the interest expenses. 6. Banks are regarded as the unique financial institutions due to the particular mix of features. This makes them vulnerable to run with negative externalities for the economy and has potentially systematic consequences. Financial regulations coms at the cost of regulatory failure. Large banks diversify by shifting form the traditional deposit taking and lending it to the market based activities and wholesale funding that is more cost effective (Beatty and Liao 2014). Banks operate in the condition of fractional liquidity reserve and the majority of the assets are more illiquid loans. Banks would face serious problems if all the depositors demanded their money at the same time. Banks have added a wide range of market based operations and large banks are engaged in the market-based activities. Capital held by large banks is less as compared to small banks as they have less stability funding than the small banks (Imf.org 2017). They are more organizationally complex as they have number of subsidiaries. The systematic risk of the large banks refers to the externalities of the banking distress onto the real economy or the financial system. Since they are more engaged in the market based activities as measured by the share of the loan in the total assets or the share of non-interest income in the total income. Large banks operates in such way because of the economies of the scale is benign. Size of banks is regarded as economically beneficial and the size of banks may be large as compared to what is regarded as socially optimal. Bank size is related with the private interest of the shareholders and the managers (Internationalcompetitionnetwork.org 2017).The tradeoff between the bank size and the economies of scale concerning negative externalities would contribute to the systematic risk of the banks. The regulations of banking emerge from the microeconomic concern of the bank over the ability of the creditors of the bank to monitor the risks originating from the lending side over the stability of the banking system. The banking regulation theory has undergone significant changes due to the compounding effects occurring in the financial sector. Regulations has also been evolving due to the ongoing banking crisis. Asymmetric information theory has profound effect on regulation view (Lse.ac.uk 2017). It has been argued by the majority of authors that there is an important asymmetry between the information available to the outside investors, depositors and banks. In extreme case of the information asymmetry, it is not possible for the depositor to distinguish between the insolvent and solvent banks. It might be possible that the banks operates at the size that is quite large from a perspective of social welfare. The optimal size of banks is uncertain due to the potential for economies of scale in large banks. Larger banks creates risk that is more systematic and are more risky than small banks. The individual bank risk is not influenced by the involvement of large banks in market-based activities. However, this give rise to the systematic risk. Regulation deals with the organizational complexity of the banks, which facilities the orderly resolution of the complex banks and reducing the complexity with the help of ex ante incentives. Taxing on the size of the large banks would seek to correct the large negative externality of the banks as the systematic risk for the large banks are too big. Some significant social costs are generated by the size of the banks and the negative externality forces the organization to take up such risks. Banks will be able to internalize the social costs with the help of tax imposed on the size of the banks. Larger the size of the banks, it is less likely for the government to allow it to fail and it is shielded from the potential loss. The size of the banking industry is not regarded as the biggest issue. It is viewed in light of the investment by the investor in the large banks. Since the government effectively guarantees the debts too big to fail and amount of deposits, the investment with large banks as the safer investment than made with the small banks. If the externalities are created by size and such externality can be limited by imposing tax. It can be done through the capital requirements that are considered progressive in relation to the size of the business. As long as the banks are allowed to remain big by the regulators, the political leverage of the banks will also continue to be big. The economic tab and the taxpayer created by them will also be regarded as big (Kaplan and Atkinson 2015). If the regulators break up the large banks, then this will put the financial institutions at the competitive disadvantage position. Safety of the global financial sector will not be improved with this strategy. The managers can boost the size of the banks by increasing the leverage of the banks and attracting the additional funding. The study conducted details the scope and optimal size of the large banks. It has been observed that large banks create more systematic risk on average than smaller banks. Risks of such banks are high when they have unstable funding; insufficient capital and they are organizationally complex and engage in more market-based activities (Saunders and Cornett 2014). It is suggested by the literature that the size of banks are driven by the empire building incentives and too big to fail subsidies. In addition to this, the size of the banks are large from the perspective of the social welfare. However, the optimal size of banks are highly uncertain and the regulations restricting the size of the banks may be imprecise and difficult to implement. The regulations of large banks should be optimal and it should combine the macro and micro prudential perspectives. This may involve the measures to reduce the involvement of the large banks in the organizational complexity and market base activities (Petty et al. 2015). Moreover, capital surcharges on large banks are also included. Reference: Beatty, A. and Liao, S., 2014. Financial accounting in the banking industry: A review of the empirical literature.Journal of Accounting and Economics,58(2), pp.339-383. Imf.org. (2017). 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