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"We cannot expect everyone to learn at the same rate and then allow them to fail.
Until then, investors had reckoned that the government would rather bail banks out than allow them to fail.
We need to allow them to fail, and have a culture of improvement based on the foundations of transparency".
The only thing banks and their shareholders would lose is the de facto free insurance against losses that they receive because governments cannot allow them to fail.
Susan McGilvray-Rivet, who oversees bilingual services in Framingham, Mass., says: "We cannot expect everyone to learn at the same rate and then allow them to fail.
Because these companies know the government could not allow them to fail, the argument goes, they are more inclined to take big risks.
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Dodd-Frank, the 2010 law that reformed U.S. financial regulation, was written in part to forever end the perception that the U.S. government would rescue failing big banks out of fear that allowing them to fail would cause a financial panic.
It's not about just chucking them in a lion's den and allowing them to fail.
What many of us overlook, however, is that allowing them to fail is an important part of any future success.
If we're really not allowing them to fail, at some level, we're not actually invested in that person.
This crisis has shown us that financial institutions can become so interconnected that allowing them to fail is just as dangerous.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com