Literary Analysis Of Samuel Taylor Coleridge - 3984 Words

Dan Paulos Mr. Kaplan English IV 10 November 2014 Literary Analysis of Samuel Taylor Coleridge Samuel Taylor Coleridge was an influential British philosopher, critic, and writer of the early eighteenth century. He was a prominent member of a literary group known as the â€Å"Lake Poets,† which included renowned writers like William Wordsworth and Robert Southey. His writings and philosophy greatly contributed to the formation and construction of modern thought. He possessed an extensive, creative imagination, and developed his own imagination theories in his writings. However, his personal life was absorbed with various family problems, and he experienced much solitary anguish. This resulted in depression for Coleridge, and he often based his stories and poems on themes of dejection, sadness, and melancholy. But he was neither a nihilist nor a pessimist by any stretch. He believed in the healing powers of love, and had hope for recovery. His writings were described as being versatile, and scholars have found a great variety o f themes, styles, and techniques in his literature (McKusick par. 1-3). Coleridge was a firm believer that there is a connection between madness and moral evil. He felt that in the midst of some horror, people may tend to think that God has left them, and then they would blame their mental disease on demons. He expressed this message through the protagonist he created in his longest poem â€Å"The Rime of the Ancient Mariner.† The Mariner experiences this exactShow MoreRelatedEssay on Kubla Khan: A Miracle of Rare Device1330 Words   |  6 Pages Samuel Taylor Coleridge’s poem â€Å"Kubla Khan† is a masterpiece of ambiguity; from its inception to its meaning. â€Å"Kubla Khan† is a poem of abundant literary devices; most notably these devices include metaphors, allusions, internal rhyme, anthropomorphism, simile, alliteration, and perhaps most of all structure. But the devices that Coleridge used to create â€Å"Kubla Khan† is at the very least wh at makes this poem provocative; Coleridge’s opium induced vision and utopian ideals combined with his literaryRead MoreThe Rime Of The Ancient Mariner878 Words   |  4 PagesThe Rime of the Ancient Mariner is a poem by the English poet Samuel Taylor Coleridge. Coleridge and his friend, William Wordsworth, put together a collection of their work called Lyrical Ballads. It contained Coleridge’s famous poem Rime of the Ancient Mariner. This collection is widely recognized as the initiation of the shift towards modern poetry and British Romantic literature. Although the poem’s deliberate use of antiquated language differed from romantic poetry’s use of modern languageRead MoreThe Rime Of The Ancient Mariner1484 Words   |  6 Pages Hill English IV 20 April 2016 THE RIME OF THE ANCIENT MARINER: The Mariner The Albatross, and The Song The story the rime of the ancient mariner is a poem written by Samuel Taylor Coleridge and is his longest poem he ever wrote and in many people’s opinions, the best he ever wrote. The poem is famous for its religious symbols. Even the theme or moral of the story is that everyone should love god s creatures, no matter how uglyRead Moreâ€Å"Kubla Khan:† A Description of Earthly Paradise Essay example1998 Words   |  8 Pages â€Å"Kubla Khan† by Samuel Taylor Coleridge is said to be â€Å"one of the best remembered works of the Romantic period,† (Gray) and though this poem may seem speak deeply about the world, its conception was fairly simple: Coleridge had been reading a book about Kubla Khan in Xanadu (by a man named Samuel Purchas) before falling into a deep sleep induced by an opium mixture to which he had long since had an addiction. When he awoke from this drug induced stupor, he had apparently 200 to 300 lines ofRead More Symbolism in â€Å" The Rime of the Ancient Mariner† Essay1712 Words   |  7 Pages In 1798, Samuel Taylor Coleridge published his poem â€Å"The Rime of the Ancient Mariner†. Several editions followed this, the most notable being the 1815 version, which included a gloss. This poem has grown to become well known and debated, especially concerning the message that Coleridge was attempting to impart. The interpretation of the poem as a whole and of various characters, settings, and objects has been the subject of numerous essays, papers, books, and lectures. There are approximatelyRead MoreClose Critical Analysis of Coleridges Frost at Midnight1716 Words   |  7 Pagesgenerally regarded as the greatest of Samuel Taylor Coleridges Conversation Poems and is said to have influenced Wordsworths pivotal work, Lines Composed a Few Miles Above Tintern Abbey. It is therefore apposite to analyse Frost at Midnight with a view to revealing how the key concerns of Romanticism were communicated t hrough the poem. The Romantic period in English literature ran from around 1785, following the death of the eminent neo-classical writer Samuel Johnson, to the ascension of QueenRead More Close critical analysis of Coleridges Frost at Midnight Essay1685 Words   |  7 Pagesgenerally regarded as the greatest of Samuel Taylor Coleridges Conversation Poems and is said to have influenced Wordsworths pivotal work, Lines Composed a Few Miles Above Tintern Abbey. It is therefore apposite to analyse Frost at Midnight with a view to revealing how the key concerns of Romanticism were communicated through the poem. The Romantic period in English literature ran from around 1785, following the death of the eminent neo-classical writer Samuel Johnson, to the ascension of QueenRead More A Biographical Analysis of The Rime of the Ancient Mariner Essay1772 Words   |  8 PagesA Biographical Analysis of The Rime of the Ancient Mariner â€Å"The Rime of the Ancient Mariner,† by Samuel Taylor Coleridge, is a somewhat lengthy poem concerning the paranormal activities of a sea mariner and his crew. The work was constructed to be the beginning piece in Lyrical Ballads, a two-volume set written by William Wordsworth and Coleridge. Wordsworth intended to, in his volume, make the ordinary seem extraordinary, while Coleridge aimed to make the extraordinary ordinary. â€Å"The Rime†Read More Ralph Waldo Emerson Essay1326 Words   |  6 PagesAfter a while, however, he discovered the writings of British poet, Samuel Taylor Coleridge, and German philosopher, Immanuel Kant, and used their works to shape his own. Emerson’s wife died in 1831, an event that likely pushed him towards a path of self-discovery. At the end of 1832, Emerson left for Europe. While there, he had the opportunity to meet some of his literary idols: William Wordsworth, Samuel Taylor Coleridge, and Thomas Carlyle. These relationships would continue to inspire EmersonRead MoreCharles Baudelaire And Victor Hugo976 Words   |  4 Pagespoetic elaboration. His poems including the L Ame du Vin and Mort des Artistes are popular for the thematic basis of defining the pursuits of life and art. The English romantic poetry is dense and divided into two eras; William Wordsworth, Samuel Taylor Coleridge and William Blake wrote in the first half of the romantic period and Lord Byron, Percy Bysshe Shelley and John Keats wrote in the second half. The Romantic Era is known for the development in poetry, from metaphysical approaches to the simple

Aids Hiv And The Pursuit Of Happiness - 1366 Words

The AIDS epidemic has been a controversial debate for many years. As Sturken says in her text, there is discourse on AIDS of hysteria and blame, but AIDS also produces a discourse of defiance and criticism (Sturken 147). Using Sturken’s article AIDS and The Politics of Representation and the film Living Proof: HIV and the Pursuit of Happiness I will discuss the two different discourses and views of AIDS. These simultaneous discourses on AIDS, result from the variation of ways people in our society are affected by the disease. There is a clear divide in discourses between people who have and people who do not have HIV/AIDS and these become evident when we look at how they perceive the disease. For example, through a medical representation, people who do not have AIDS may blame the gay community for its epidemic. However, AIDS patients may defend themselves and critique the medical representation, using popular culture such as films and activists groups such as ACT UP to educat e the public on an alternative representation of AIDS. Together the public produces two separate discourses occurring simultaneously. People who are not infected with the AIDS disease may view AIDS as a gay man’s disease or blame gay men for the AIDS epidemic due to medical representations of AIDS. For example, in Sturken’s article, she quotes â€Å"in the eyes of straight people, gay still means AIDS† (Sturken 165). She continues to talk about how the media identifies people who have AIDS as â€Å"victims† ofShow MoreRelated Repression and Fear of Gay, Lesbian, Bi-sexual, and Transgender Americans1610 Words   |  7 PagesAmerican normal life. Stereotypes of the homosexual worsened with the appearance of AIDS in the 1970s. Gay people find themselves metaphorically welded to an image of lethal physical deterioration, and religious fundamentalists blame acquired immunodeficiency syndrome on the sin of homosexual acts. (Rubin, p. 34) The government relied on its Western religious principles in attempting to prevent the spread of AIDS. As opposed to embracing and funding safe sex education and drug rehabilitation forRead MoreShould Marijuana Be Legalized?844 Words   |  4 Pages The effects of marijuana on certain health issues, diseases, and cancers are unreal. Cannabis oils can be put to great uses. It has been known for years that marijuana is effective in alleviating the symptoms associated with multiple sclerosis, HIV/AIDS, chemotherapy-induced nausea, and intractable pain. More recently, the use of medical cannabis in children with epilepsy has gained much attention. The American public became aware of this application for cannabiswhen Dr. Sanjay Gupta’s documentaryRead MoreEssay on The Balance Between Positive and Negative Thinking1503 Words   |  7 Pagesand his wife, Ruth. Mr. Peale is a progenitor of the theory of positive thinking and is best known for authoring â€Å"The Power of Positive Thinking†, a New York Times bestseller. His book outlines principles and techniques for gaining achievement, happiness, and health. Peal states that â€Å"these principles have worked so efficiently over so long a period of time that they are now firmly established as documented and demonstrated truth† (Peale xii). The proof that Peale’s techniques can work is seenRead MoreIs Modern Day Media Deceitful? Essay1046 Words   |  5 Pagesadolescents begin to think that they are not vulnerable to the realistic outcomes of casual, unprotected sex. Consequences of such sex include the contraction of sexually transmitted diseases (STDs), human immunodeficiency virus (HIV) and acquired immune deficieny syndrome (AIDS), and unwanted pregnancy. Exposure to sexual content amongst adolescents can also be dangerous in the sense that it influences teenage behavior and attitudes about sexual activity and sex roles. For instance, of all female videoRead MoreShould the Homogeneous Marriage Be Legalized?1992 Words   |  8 Pagesbehavior increases the probability of AIDS transmission. â€Å"In the last decade tens of thousands of gay men have died of AIDS.†(Dudley, 1993, P.164) So homogeneous marriage can not be legalized. In fact, it is not true. Both homosexual and heterosexual contacts have a probability to transmit HIV. No matter which type of contact, the only method to prevent HIV is having safe sex. Figure 1 below shows the share of transmission categories in newly diagnosed AIDS cases 1985-2003 in Europe. We know thatRead More Legalize The Weed Essay1240 Words   |  5 Pageswant to enjoy marijuana. America is supposed to be a free country, where everyone has basic human rights, including privacy. What happened to the Declaration of Independence speaking of every citizens right to quot;life, liberty, and the pursuit of happiness?quot; If the United States is to be persuasive in promoting freedom in other parts of the world, it must respect the privacy of its own citizens. Why is a plant that was proclaimed by Popular Mechanics magazine to have the potential to beRead MoreIllinois Is A Full Of Corruption And Greed1128 Words   |  5 Pagesa lot of say as to what happens politically in Illinois. For one thing, the Governor is responsible for enacting laws. This can affect the lives of the citizens of Illinois. Voting for governor can help with voters self-awareness and the state’s happiness. Many Governors of Illinois have not done their job correctly or have bended the rules in order to get things done. This has resulted in many previous Governors to be either impeached or convicted for their crimes. Vote for Karen Yarbrough duringRead MoreShould Marijuana Be Legalized?2786 Words   |  12 Pagesclearly states that every person is endowed with unalienable rights which include life, liberty, and the pursuit of happiness. If every person is allowed these rights then it is in anyone’s right to do what they please in order to achieve happin ess. Many people believe that the government is standing in the way of their pursuit of happiness. Every person has something different that gives them happiness which is partially why the government and society don’t see eye to eye. The current laws against drugsRead MoreThe World s Oldest Profession3990 Words   |  16 Pagesprofession†, and as simple as it is, the American Constitution does not protect morals; it protects rights.  The constitution lists natural rights, such including the liberty and pursuit of happiness [14th amendment], and that these rights shall not be infringed, and if prostitution is ones way of obtaining the liberty and pursuit of happiness naturally granted, then they should by all means be allowed to do so. From our nation’s history one can see that prohibition has been ineffective. With the 18th amendmentRead MoreGenetic Modification Should Be Supported By The Government1326 Words   |  6 Pagessophisticated gene-snipping technology that is much easier and cheaper than other methods. This sudden development has motivated many to start experimenting, and researchers have been able to stop cancer cells from multiplying, make cells impenetrable to the HIV virus, and create a fungus-resistant wheat that could solve world hunger. Overwhelmed by this advancement, the scientific community has been debating over how to use this new power in their hands. Germline gene therapy is a form of genetic engineering

Mass Media and New York Free Essays

string(17) " is an ok story\." Racism and Ethnic Bias in the Media Is a Serious Problem Mass Media  ,  2010 â€Å"Journalists who think they know communities of color end up writing stereotypical stories. † In the following viewpoint from her interview with Lena-Snomeka Gomes, Elizabeth Llorente states that unequal and inaccurate representations of minorities still persist in the media, and media professionals who are minorities continue to face prejudice in the industry. In Llorente’s view, reporters of color often feel unwelcome when entering white communities. We will write a custom essay sample on Mass Media and New York or any similar topic only for you Order Now In addition, she claims other journalists continue to draw upon harmful ethnic and religious stereotypes. Diversity and opportunities for minorities in newsrooms also are lacking, she contends, compounding these problems. Llorente is an award-winning senior reporter for  The Record  in Bergen, New Jersey. A former newswriter, Gomes is a program support specialist at the Homeless Children’s Network in San Francisco. As you read, consider the following questions: 1. According to Llorente, why is covering one’s own ethnic community not necessarily easier? 2. What barriers do reporters face when reporting on immigrants, in the author’s view? 3. Why are there still very few minorities in newsrooms, in Llorente’s opinion? Elizabeth Llorente, senior reporter for  The Record  in Bergen, New Jersey, was recently honored with the Career Achievement Award from the Let’s Do It Better Workshop on Race and Ethnicity at the Columbia University Graduate School of Journalism. Llorente was honored for her more than 10 years of reporting on the nation’s changing demographics. Her series, â€Å"Diverse and Divided,† documented the racial tensions and political struggles between Hispanic immigrants and African Americans in Patterson, N. J. Llorente spoke with  NewsWatch  about the nuances of reporting on race and ethnicity. Lena-Snomeka Gomes: What are some of the major barriers journalists face, especially journalists of color when writing about race and ethnicity? Elizabeth Llorente: Well it depends on what they look like. For example, I know that some of the African American reporters that I have worked with have spoken about feelings of being unwelcome, especially when they’re covering white areas. And there are also other reporters who feel different because they stand out from the time they walk into a room. People make assumptions about them. I have been told that it’s hard to tell what my race is. Is this positive or negative? Maybe it helps when I’m doing a story about tension and whites are part of the tension. Sometimes, I suspect, they open up more because they don’t know that I am Hispanic. Perhaps, they would not have been as candid had they known. However, it’s not necessarily easier to cover stories in your own ethnic community or communities similar to yours. If you criticize people and they didn’t like it, they are usually less forgiving. They take it personal and see you as a traitor, especially when the stories involve a politically charged group. Do you think journalists of color are resistant to writing about race and ethnicity because they don’t want to be typecast so to speak? There are people who believe that and I don’t blame them. Sometimes that’s all the papers will let them do, and the papers don’t value their work. In that regard, it’s a thankless job. When you come back with a great story, they don’t see the skill and the talent it took to report and write that story. They think, of course, you wrote well because you’re one of them. They automatically assume it was easy for you to get the story. They may even question your objectivity. But, when [Pulitzer Prize-winning journalist] Rick Bragg went to the South to write about the life he knew, no one said, of course its easy for him because he’s from the South. No, they said, wow he’s a great writer. Do you think stories about race and ethnicity still face being calendared for special events or has there been more sustained coverage and focus? It’s gotten much better. Stories used to be covered for Black History Month or Cinco de Mayo, but now beats have been created around race and ethnicity. Beat reporters have to write all year. Reporters are interested in writing about race and ethnicity. They want to cover these issues. Now the next level journalism needs to go to is to spread the responsibility of covering race and ethnicity among all reporters, in all sections of the paper, business section, education, transportation, and municipal. Coverage has to be more comprehensive. It cannot be reserved for certain reporters, because race and ethnicity is such a huge area. Immigration Stories How do stories about immigration differ from other stories about race and ethnicity? If you’re writing about second or third generation Cubans, you’re writing about Americans, a minority group that has some stake here. With immigrants, you’re writing about people who are newer, who don’t necessarily feel American. They are still transitioning into this national culture. They are rebuilding their identities. For example, they may not have a sense of (their) civil rights here or of American racism. What skills do journalists have to master in order to report fairly and accurately on immigrant communities? First of all, you need to have a completely open mind. This is especially important when you’re covering immigrant communities. So many of us think that we know the immigrant groups, but many of us only know the stereotypes. Too often we set out to write stories that end up marginalizing people in harmful ways because the stories tend to exacerbate those stereotypes. Or we ignore the stories that do not conform to the stereotypes. For example, if we’re going to write about Hispanic communities, instead of looking for Hispanics in the suburbs, we tend to go where we can most readily find them, in Miami, Spanish Harlem, and in the Barrio. We keep telling the same stories and giving it the same frame, because it’s an easy thing to do when you’re on a deadline. The result is an ok story. You read "Mass Media and New York" in category "Essay examples" But immigration stories are diverse. They are not only in enclaves, but also in places we never thought about finding them in, such as in once exclusively white suburbs and rural America. Perhaps Hispanics in the barrio is a valuable story, but that is no longer the Hispanic story. It is a Hispanic story. Okay, once you find (immigrant communities) how do you communicate with them? It’s tough. Not knowing the language can be difficult. But the key is to start out with the attitude of not settling for less. Start out speaking with the leaders, but only as a vehicle to reach the other people who are not always in the papers. Too many of us stop with the leaders and that is not enough. Ask them to introduce you or ask them if you can use their name to open up a few doors for you to speak with others in the community. However, covering immigrant communities doesn’t mean encountering a language barrier. Many people have a basic knowledge of English. You can still conduct an interview with someone who only speaks survival English. But, you will also run into a lot of people who don’t speak English. If you make the effort, if you’re patient, if you speak slower and are conscious of the words you use, if you make sure they understand what you are asking them, if you tune in, you’ll make the connection. Finally, if language is a barrier and you’re not comfortable, find someone who is bilingual to help you interpret. How can journalists write balanced stories if they operate from the stereotypes? Ask the person you’re interviewing to break down those stereotypes. You can tell the person that there is a particular stereotype and ask them if it is true or not. Journalists have the unique role and power to help break the stereotypes down. What does receiving the Career Achievement Award mean to you? I was hoping that it would mean that I could retire and go sailing and write my novels from a log cabin. After I checked my retirement savings, I realized, that ain’t gonna happen for a long time. Its nice to get awards, but when you get one it’s usually for a certain story or project. This is like a wonderful embrace that says, you know, you hit the ball out of the park again and again. You set a standard in this business. At a career level, you have done great work. It’s just a nice sweeping kiss and hug to me. The Culture of Journalism Tell me some of the successes Let’s Do It Better has had and some of the ways in which it has impacted the culture of journalism. I think one wonderful thing they did, under Sig Gissler (original founder), was that they targeted the gatekeepers. His model approach was to go directly to the top management. Gissler wanted to show them good reporting that reached a higher level and how stories about race were more nuanced. He wanted them to read the stories and then to talk to the folks who wrote them so they could learn how to do these types of stories. Did the top respond? Yes! I saw conversions. People who started out cynically were changed by the last day. They were beginning to look at race and ethnicity stories critically. They were going to raise their standard. They left the workshops believing that their news organizations needed more diverse voices. Why, are there still so few people of color in newsrooms today? Too many employers are prejudiced. Too many minorities are still being hired under a cloud of doubt. I don’t think many minorities are hired with the notion that they will be star reporters. They are not nurtured. Then when minority journalists leave it’s seen as a betrayal, but when whites leave, it’s considered a good career move. I have worked with many white reporters who have had many opportunities in training and promotions, and nobody says they’re ungrateful s. o. b. ‘s when they leave. Can we keep doing it better? Of course. There are still so many stories we are not getting that are out there. Journalists who think they know communities of color end up writing stereotypical stories and they use photos to make people look exotic. In fact, we need to pay more attention to photojournalism. A story can be fair and balanced, but if that picture projects the exotic stereotype, the story loses its value. Don’t bypass a photo of a person because they don’t look ‘ethnic enough. ‘ Take a picture of the blonde Mexican or the Muslim women wearing Levi jeans. Further Readings Books * Bonnie M. Anderson  News Flash: Journalism, Infotainment, and the Bottom-Line Business of Broadcast News. San Francisco: Jossey-Bass, 2004. * Ben Bagdikian  The New Media Monopoly. Boston: Beacon Press, 2004. * Michael A. Banks  Blogging Heroes: Interviews with 30 of the World’s Top Bloggers. Indianapolis: Wiley Publishing, 2008. * Pablo J. Boczkowski  Digitizing the News: Innovation in Online Newspapers. Cambridge, MA: MIT Press, 2004. * L. Brent Bozell  Weapons of Mass Distortion: The Coming Meltdown of the Liberal Media. New York: Three Rivers Press, 2005. Asa Briggs and Peter Burke  A Social History of the Media: From Gutenberg to the Internet. 2nd ed. Malden, MA: Polity, 2005. * Thomas de Zengotita  Mediated: How the Media Shapes Our World and the Way We Live in It. New York: Bloomsbury Publishing, 2005. * David Edwards and David Cromwell  Guardians of Power: The Myth of the Liberal Media. London: Pluto Press, 2006. * Robert Erikso n and Kent Tedin  American Public Opinion: Its Origins, Content, and Impact. Updated 7th ed. New York: Pearson/Longman, 2007. * Dan Gilmore  We the Media: Grassroots Journalism by the People, for the People. Sebastopol, CA: O’Reilly, 2006. * Tom Goldstein  Journalism and Truth: Strange Bedfellows. Chicago: Northwestern University Press, 2007. * Doris A. Graber  Media Power in Politics. 5th ed. Washington, DC: CQ Press, 2007. * Neil Henry  American Carnival: Journalism under Siege in an Age of New Media. Berkeley, CA: University of California Press, 2007. * Henry Jenkins  Convergence Culture: Where Old and New Media Collide. New York: NYU Press, 2006. * Steven Johnson  Everything Bad Is Good for You: How Popular Culture Is Making Us Smarter. New York: Riverhead Trade, 2005. Lawrence Lessig  Free Culture: How Big Media Uses Technology and the Law to Lock Down Culture and Control Creativity. New York: Penguin, 2004. * Charles M. Madigan, ed. 30: The Collapse of the American Newspaper. Chicago: Ivan R. Dee, 2007. * David W. Moore  The Opinion Makers: An Insider Exposes the Truth Behind the Polls. New York: Beacon Press, 2008. * Patrick R. Parsons  Blue Skies: A History of Cable Television. Philadelphia: Temple University Press, 2008. * Neil Postman  Amusing Ourselves to Death: Public Discourse in the Age of Show Business. 20th anniversary ed. New York: Penguin Books, 2005. * Metta Spencer  Two Aspirins and a Comedy: How Television Can Enhance Health and Society. Boulder, CO: Paradigm Publishers, 2006. Periodicals * Dennis AuBuchon â€Å"Free Speech and the Fairness Doctrine,†Ã‚  American Chronicle, March 19, 2009. * Greg Beato â€Å"The Spin We Love to Hate: Do We Really Want News Without a Point of View? †Ã‚  Reason, December 2008. * Jeffrey Chester â€Å"Time for a Digital Fairness Doctrine,†Ã‚  AlterNet, October 19, 2004. * Edward W. Gillespie â€Å"Media Realism: How the GOP Should Handle Increasingly Biased Journalists,†Ã‚  National Review, April 6, 2009. Nicole Hemmer â€Å"Liberals, Too, Should Reject the Fairness Doctrine,†Ã‚  Christian Science Monitor, November 25, 2008. * R. Court Kirkwood â€Å"What Did or Didn’t Happen at Duke,†Ã‚  New American, September 18, 2006. * Richard Perez-Pena â€Å"Online Watchdog Sniffs for Media Bias,†Ã‚  New York Times, Oct ober 15, 2008. * Eugene Robinson â€Å"(White) Women We Love,†Ã‚  Washington Post, June 10, 2005. * Joseph Somsel â€Å"Megaphone Envy and the Fairness Doctrine,†Ã‚  American Thinker, March 19, 2009. * Adam Thierer â€Å"The Media Cornucopia,†Ã‚  City Journal, Spring 2007. * Evan Thomas â€Å"The Myth of Objectivity,†Ã‚  Newsweek, March 10, 2008. How to cite Mass Media and New York, Essay examples

Citibank and Wells Fargo Financial Analysis †MyAssignmenthelp.com

Question: Discuss about the Citibank and Wells Fargo Financial Analysis. Answer: Introduction It is logical to compare Wells Fargo and Citi Bank mainly because they both offer close to similar banking financial services. Citi Bank and Wells Fargo are among the best banks in US with large number of branches across the continent states. Wells Fargo employees over the three year period number has been seen to be close to constant figure of 264900 employees in 2013,264500 in 2014 and 264700 in 2015 most of which are full time equivalent employees as illustrated in link https://www.statista.com/statistics/295496/wells-fargo-full-time-employees/ . At Citibank in 2013 they had 183817,2014 it was 176417 while in 2015 it was 170413 all deemed to be full time service employees as referred in link https://www.usbanklocations.com/citibank-trend.shtml?c=numemp .Hence in terms of human resource Wells Fargo has more workers than Citibank of course as a result of 2008-2009 financial crisis effect. Citibank had 723 branches in US refer to link https://en.wikipedia.org/wiki/Citibank while Wells Fargo by 2015 they had 8700 branches with 13000 ATMS as referred in link https://en.wikipedia.org/wiki/Wells_Fargo. Citibank and Wells Fargo are global in its performance with branches across 35countries across the world for Wells Fargo and branches in 19 states for Citibank offering commercial banking financial services as well as insurance service across globe. They both operate under timelines of 40hrs a week with the aspect of offering corporate social responsibility services to the needy in the region. Analysis conducted using 2013,2014,2015 on efficiency of using assets to generate income for the two banks have clearly shown that in 2013 Wells Fargo utilized its assets well by 1.51% to generate revenue than Citi Bank that just utilized 0.73% for the same contribution. There is a clear indication that in 2013 Wells Fargo managed its assets better than Citibank Bodie (2013.Pg 51). 2014 profitability ratio ROA as referred to in Brick (2006.Pg 410) confidently show that Wells Fargo is again seen to be well utilizing its assets efficiently to generate revenue than Citi Bank in 2014.In this FY statistics show that Citibank utilized 0.4% of its assets while Wells Fargo used 1.45% of its assets. 1.31% of Wells Fargo Assets was used to generate the reported revenue for the year 2015 whereas 0.45% of the assets reported in the 2015 financial position of the Citibank was used to generated the 2015 revenue reported in that year. Over the three year we can conclude by saying that Wells Fargo outshines Citibank in utilization of assets in revenue generation Financial Year 2015 By examining how shareholders funds were used to generate revenue is the option used to compare performance Penman (2007.Pg 476). In 2013 Wells Fargo utilized 11.22% of the shareholders fund to generate the revenue for that year whereas 6.7% was used by Citi bank in revenue generation a clear indication that the management of Well Fargo proofs maximum usage of the available resources for revenue generation. The 2014 return on equity though a little bit lesser than in 2013 likewise depicts proper utilization of the shareholders fund in Wells Fargo by 10.98% than Citibank that uses 3.5% of the shareholders fund to raise the 2014 revenue. In 2015 Wells Fargo still lead in proper utilization of the shareholders fund at 10.85% while Citibank just used 3.5% in revenue generation. Both ROA and ROE clearly indicates that Wells Fargo has shone over Citibank in utilization of assets and shareholders fund for revenue generation in the financial years 2013/2014/2015. Credit risk analysis for Wells Fargo in the year 2013 clearly show that the net consumer losses hit 98basis while in 2014 it decreased to 65 base. An indication explaining that at Wells Fargo both commercial and consumer loan portfolio constantly got stable nearly too low levels Crook (20007.Pg 1450). We can therefore state in years 2013 backwards the credit risks were high with consumer losses as high as 110basis but over the years that has been curbed to controllable levels Yu (2008.Pg 12).Citibank credit risks was witnessed to be more high than at Wells Fargo causing loans to be valued on accrual basis Martynenko(2010.Pg. 5). However although for both banks credit risks seemed not sparing at all, Citibank credit risks was high thus not favouring the market over the 3years as compared to the tremendous improvement in credit risk favour witnessed at Wells Fargo as per risk management caution taken. Conclusion As a matter of fact though there has been up and down experienced by the two banks it is clear show that Wells Fargo beats Citi Bank in performance as analysed by the factors of ROA, ROE, branches, employees and credit risk analysis. References Bodie, Z., 2013. Investments. McGraw-Hill. Brick, I.E., Palmon, O. and Wald, J.K., 2006. CEO compensation, director compensation, and firm performance: Evidence of cronyism? Journal of Corporate Finance, 12(3), pp.403-423. Crook, J.N., Edelman, D.B. and Thomas, L.C., 2007. Recent developments in consumer credit risk assessment. European Journal of Operational Research, 183(3), pp.1447-1465. Martynenko, O. and Holst, A., 2011. Default Risk in Equity Returns. Penman, S.H. and Penman, S.H., 2007. Financial statement analysis and security valuation (p. 476). New York: McGraw-Hill. Yu, L., Wang, S., Lai, K.K. and Zhou, L., 2008. BioInspired Credit Risk Analysis. Springer.