It says this was an inadvertent failure of controls.
In the deadening argot of finance, Deutsche Bank's Russian fiasco has frequently been called a "failure of controls".
The 217-page report describes an across-the-board failure of controls and ethics at almost every level of Enron, the Houston energy company.
The BBC has admitted to a "fundamental failure of control" after a damning investigation by the public spending watchdog revealed it had repeatedly broken its own rules with a string of controversial six-figure payoffs to top management.
He sounded less than impressed - pointing out that when a bank comes close to going bust (requiring a huge intervention by the British taxpayer), there been a pretty severe failure of control.
"Was the government involved, was it a matter of policy or a matter of freelancing – failure of policy or a failure of control?" The Liberal Democrat foreign affairs spokesman, Edward Davey, said: "Miliband's bad judgment in blocking the courts from publishing this evidence of torture is being compounded by his refusal to press the new Obama administration to disclose this evidence freely".
In October, the council sent a letter to its 167 members, asking them to describe how they manage voltage, ensure reliable communications with their neighbors, handle the failure of control systems, train for emergencies, and keep the trees under their power lines trimmed all factors that contributed to the Aug. 14 blackout.
Open image in new window Figure 15 Failure of control beam.
The performance with partial failure of control actuation is also examined.
Quality experts have recognized two types of quality costs resulting from failure of control; namely, internal and external failure costs of control.
