The regulatory reform meant to curb bankers' destructive risk-taking is moving at a snail's pace through Congress.
And over the Atlantic, Mitt Romney, who has made his money from the private equity company Bain capital, the epitome of a company focused on destructive risk, announced this week that he wants to cut the US government budget of Arpa-e's applied research in renewable energy – which he claims should be focusing only on basic research.
What Mr. Dimon did not say is that the loss also occurred because of a continued lack, nearly four years after the crisis, of rules and regulators up to the task of protecting taxpayers and the economy from the excesses of too big to fail banks; and, yes, of protecting the banks from their executives' and traders' destructive risk-taking.
The fact that the near-fault effect is not considered in China existing highway bridge seismic design code will increase the destructive risk of structure.
At another point, Greenspan said that his faith in Wall Street's ability to regulate itself was based on his assumption that rational firms would not expose themselves to self-destructive risks.
Greenspan applied this idea in various contexts, perhaps most notably when he opposed government oversight of an increasingly manic Wall Street casino culture based on his faith that rival financiers would police one another and not take potentially self-destructive risks.
Analysts at ING Bank said an ABI bid for SABMiller was unlikely but "we see it as a value-destructive risk.
Their firsthand and relatively frequent experience with the fierce destructive danger of these storms makes the risk more visceral, and they take it seriously.
Arch Coal should have had the foresight to see that such an environmentally-destructive practice risks drastic intervention by regulators, and to factor that calculation into their investments.So why do we allow mountaintop removal?
The prospect of left-wing activists ousting moderate Labour MPs has been raised amid warnings that the "totally destructive" move would risk a return to the party's internecine strife of the 1970s and 1980s.
Indeed, the message conveyed by the Iraqi citizens interviewed in recent weeks by the International Crisis Group is that the situation is so desperate that many now appear ready to accept a war whose destructive impact they risk being the first to suffer.
