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Its float rolled along to the sounds of "Let It Be," "Day Tripper" and "All You Need Is Love," acknowledging loss but striving to be upbeat about moving forward from it.
Accepting change requires acknowledging loss.
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Dragging out a delinquency, for example, can allow banks to postpone acknowledging losses, while a foreclosure sale allows them to collect late fees and other charges applied to delinquent loans.
The longer banks delay foreclosures and sales, the longer they can avoid acknowledging losses.
Gambling for redemption (either through a government bailout or an economic recovery), banks in Japan "evergreened" loans to avoid acknowledging losses.
Work by Aminzadeh et al. [ 16] demonstrated the importance of acknowledging losses and empathizing, as the PWD can exhibit a range of powerful reactions, ranging from shock and disbelief to anger, sadness and helplessness.
If it does compete, it will try against the odds to ensure that there is a much more robust system of monitoring by a wider range of international watchers.Mr Mugabe's acknowledged loss of Parliament was a big blow.
She needed to find an outfit that would acknowledge loss, and gesture towards redemption.
Banks, including commercial banks and investment banks, have so far acknowledged losses of some $100 billion, yet anxiety persists that more large write-offs are coming.
European countries generally do not require disclosure, so even fewer firms there bother, says Costin Raiu of Kaspersky Lab, a Russian internet-security firm.Firms that do acknowledge losses struggle to quantify them.
Banks have argued that accounting rules made the financial crisis worse by forcing them to acknowledge losses based on market values that may never be realized, if market values recover.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com