The term is misleading, as a search designed to be exhaustive may fail to be so.
What isn't in dispute is that Goldman, ACA, and Paulson all failed to disclose to purchasers of the synthetic CDO that it was designed to be most likely to fail.
An extension of this is financial structures that allow for the creation of front companies that are designed to be 'cut loose' and fail and take the loss with them, without affecting the parent company.
Data centers are designed to be redundant: when one system fails (as everything does at one time or another), a parallel system takes over.
This chapter describes an experimental program undertaken for concrete-filled composite columns, which are designed to be slender in nature and thus fail by global buckling.
The case against Fabrice Tourre — a former Goldman Sachs trader who is accused of misleading clients by selling a mortgage securities investment that, the government claims, was designed to fail — is likely to be the most prominent case for the Securities and Exchange Commission stemming from the financial crisis.
The need to have a web site that is designed to fail is clear.
Stoddard says that the members have pre-scored their proposals and so it's fair for the members to say that their work can go right to the midnight hour, but the larger point is that the Super Committee was designed to fail, destined to fail, and there are no consequences for failure because there will be thirteen months before the triggers go into effect.
Kerry McCarthy, Labour MP for Bristol East, said: "The deals are structured in such a way that they are designed to fail – it's about the lenders getting their hands on the cars, rather than getting interest on loans.
