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But, because most public pension plans are underfunded, they have assumed high levels of risk.
But it is important to note that many, if not all, of these investments carry high levels of risk.
"I sat in the gondola last night with him, it's an incredibly complex piece of machinery... He's also prepared to take quite high levels of risk".
The high levels of risk and responsibility heaped on one person combined with varying degrees of support can add to the sense of being on one's own.
Because the great challenge for a philanthropic organisation or a private sector company now is if you want to set up a facility in the Central African Republic or Burundi you're taking very high levels of risk.
The culture at a financial institution like Citibank or UBS is different from that at Enron, which at its heyday had a reputation for tolerating very high levels of risk, he said.
The letter, which criticizes Mr. Mack for taking on high levels of risk that led to last year's $9.4 billion in write-offs tied to mortgage trading, will be sent to Morgan Stanley's largest shareholders this week.
Even if bonuses were banned, shareholders and boards would continue to push chief executives to accommodate their appetite for higher share prices and the corresponding high levels of risk.
Effective supervision should focus on the accumulation of high levels of risk and leverage, Ms. Yellen said, sources of vulnerability that are shared by multiple institutions, and the interconnectedness of the system.
are today identified as presenting high levels of risk for high prevalence of ED.
Because E-Mini contracts offer a significant amount of leverage, your portfolio may be exposed to high levels of risk.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com