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Nonetheless, it has benefited from all manner of subsidies and guarantees, whose total value to the sector the Bank of England estimates to have been worth more than £100bn in 2009.
The huge amount of research work has produced several TO specifications and a wide variety of TO implementations with different guarantees whose differences are often left hidden or unclear.
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"Of course, we know there are no guarantees," said Ms. Morales, whose cousin, Adriane Scibetta, left two young children.
They have also renegotiated their credit guarantees to Dexia, whose operations were concentrated largely between Belgium and France at the time of the credit crisis.
Going into its filing, US Airways seemed to have done everything right: it had won provisional approval for federal loan guarantees, unlike United, whose application to a federal loan board was rejected.
MIT guarantees that undergraduates whose families earn less than $75,000 a year attend the school tuition-free.
Shortly after the elections, rumours began to spread that all was not well with the Alberta and Great Waterways Railway (A&GWR), to which the government had given loan guarantees and on whose behalf it had sold bonds in the London bond market.
There is the unfulfilled promise of Sanchez, whose guaranteed $8.25 million salary for 2013 — settled as part of the contract extension brokered between 26-turnover seasons — served as a thoughtful welcome gift to the new front office.
Cotto, whose guaranteed minimum purse of $15m tripled Canelo's $5m earnings before his cut of the Mexican television revenues, declined to address the media after the fight, but Roach expressed his charge's disappointment.
But that does not guarantee that Greece, whose economy is devastated amid the crisis, won't be at default's doorstep yet again in the future, or that new troubles there will not make investors worry further down the road about other weak links in Europe, including Portugal and Spain.
Top of the to-do list will be guaranteeing that Robert Huth, whose arrival on loan from Stoke was crucial to the late-season form that propelled Leicester from the foot of the table, returns to the club next season, with a £3m deal considered likely.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com