Gup (2003) brings out that financial trouble is a periodical concern that occurs to banks, industrial companies and other organizations. Gup begins his article by reviewing the history and importance of government bailouts for corporate failures. In his article on “What Does Too Big to Fail Mean?” he uses rhetoric questions in order to engage the readers in his analysis of government bailouts. For instance, he poses the question, “what should governments and government regulators do about it?” (Gup, 2003, p. 29). ‘It’ in this case referred to the periodical financial troubles of the above mentioned institutions. By using the question, Gup engages the reader in trying to think about what the government can do in cases where businesses face financial difficulties. The question also prepares the reader for the possible solutions that governments can take during these situations which he later brings out.
Gup presents a number of options that governments can take in response to financial troubles of organizations. Essentially, Gup achieves his intentions by extensively mentioning varied options of bankruptcy which serves to eliminate inefficient firms. Accordingly, Gup seemingly implies that there also push these inefficient firms to reorganize and improve their efficiency. However, the option of bankruptcy is not the convenient approach to follow when handling the case for very large and complex of organizations whose failure would result in large scale negative effects which can spill over to other firms and stakeholders (Kawaura, 2011). In the cases whereby the organizations facing financial difficulty are large and complex, “one time government assistance policies” or “longer- term government bailouts” can be used (Gup, 2003, p. ...
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...g his evaluation more practical. He also maintained the interest of his readers by using a rhetoric question at the beginning of his article.
Works Cited
Carruthers, B. G. & Halliday, T. C. (1998). Rescuing business: the making of corporate
bankruptcy law in England and the United States. Oxford, UK: Oxford University Press
Gup, B. E. (2003). Too Big to Fail: Policies and Practices in Government
Bailouts.Westport, CT: Praeger.
Kawaura, A. (2011). Corporate Failure, Supply Shocks and Government Bailouts: A
Case Study of Aloha Airlines. Retrieved on 18th April, 2011 from http://www.economics.hawaii.edu/research/workingpapers/WP_11-3.pdf
Uzan, M., Organisation for Economic Co-operation and Development & World Bank.
(2000). Private capital flows in the age of globalization:
the aftermath of the Asian crisis. Cheltenham, UK: Edward Elgar Publishing
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The financial crisis of 2007–2008 is considered by many economists the worst financial crisis since the Great Depression of the 1930s. This crisis resulted in the threat of total collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world. The crisis led to a series of events including: the 2008–2012 global recessions and the European sovereign-debt crisis. The reasons of this financial crisis are argued by economists. The performance of the Federal Reserve becomes a focal point in this argument.
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he evaluation of the overall rhetorical effectiveness for intended audience was a failure starting with the ethos of having no much credibility for the author, pathos, no real connection to emotion to aid the doctor, and not being able to see the real problem, and with the lack of logos to explain how to be able to obtain aid and help the student improve. As a result, in the editorial the authors had no success in persuading all the audience. For that reason, college students should be able to see the correct way to write their essay and the effective method for them to pass class with excellent essays.
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In conclusion, had Kearns left his argument to a simplistic means, I think that this article would have been fascinating to read.
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... the issue to it. Finally, Roisman has a more academic way of writing which is more appealing for the people.
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Fusaro, P.C., & Miller, R.M. (2002). What Went Wrong At Enron: Everyone’s Guide to the Largest Bankruptcy in U.S. History. Hoboken, NJ: J. Wiley.
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