In addition, this type of precautionary approach in the earlier stages of project appraisal can contribute to a better project design and a constructive industry-community dialogue.
"That will be constructive for the industry and for SpiceJet," he said.
These guys are going for volume instead of profitability, and that's not constructive for the industry".
"Moody's welcomes the S.E.C.'s constructive recommendations to our industry," he said.
A Home Office statement said the Home Secretary, Theresa May, the Culture Secretary Jeremy Hunt, and the Foreign Office minister Jeremy Browne had had a "constructive" discussion with the industry about how to prevent the networks from being used to organise criminal behaviour.
But rather than ending on a downbeat note, Ritholtz offers a survey of ideas from some of the best and the brightest in the financial industry, of constructive advice in the following categories: resolving the housing and credit mess, fixing the economy, improving monetary policy, energy innovations, and presidential leadership.
To the extent any of us can predict the future (an exercise fraught with folly I might add!), predictions help stir the imagination, spark constructive debate, and help industry participants understand how the decisions they make today can help manifest the future they want tomorrow.
That would be a constructive step forward for the industry.
Industry groups sounded constructive and positive on Monday, but the real test will come in a few weeks when lawmakers unveil detailed legislative proposals.
John Ahern, partner at law firm Jones Day, agreed: "Andrew is more centrist than his predecessor, Tracey McDermott, so 'bank bashing' will likely give way to constructive regulatory oversight of the industry on his watch".
"The message from Juneau was: 'I'm trying to tell you something.' And I'm not sure the response of the industry was as constructive as it could have been because it has not calmed down".
