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And the initial designers of a regulatory structure would be unlikely to create the duplication and overlaps of jurisdiction that this defense supports although complex systems (think of a passenger jet airplane) often have duplication and redundancies deliberately embedded so as to provide backstopping for component failures (such as the regulatory problems just described).
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Then, earlier this week, Mr. Buffett offered to provide backstop insurance for $800 billion of municipal bonds insured by the troubled companies, for a hefty fee.
This new protection will provide backstop coverage to drivers when they are in match mode and are not providing rides.
When they're doing a transaction with just one other party, they have to reserve a significant amount of capital to the extent they can do it in a central fund, and the fund is providing backstop for all the other players.
In addition, the lawsuit contends that the "supine board that defendant Fuld hand-picked" provided "no backstop" to the Lehman executives.
And the SBA provides or backstops loans to a large portion of those small businesses.
Under the regional project Improving and Scaling up SRI in West Africa, Erika Styger visited Liberia, from Feb 22 - March 2, 2014, to provide technical backstopping and program support to the newly initiated national SRI program under WAAPP Liberia.
The government established regulatory bodies like the Uganda Coffee Development Authority and the Cotton Development Organization to ensure that farmers and exporters maintain quality standards of products and to provide technical backstopping.
Technical backstopping support was provided by the Swiss Tropical and Public Health Institute (Swiss TPH), Switzerland.
First, they could provide a backstop to national deposit guarantee funds.
The MDG Centre provides technical backstopping and operational support the Project from its base at the Nairobi Center offices.
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