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The dire conditions in some institutions were exposed last year when a teenager reportedly starved her mother to death as retribution for having sent her to one.
"If the shoe was on the other foot and major U.S. institutions were exposed to those banks, would the U.K. or the E.U. tax their citizens to pay off JPMorgan?
The leverage ratio at Bear Stearns rose from 26.0 in 2005 (meaning that total assets were 26 times the value of shareholders' equity) to 32.8 in 2007.Second, financial institutions were exposed to product leverage via complex instruments, such as CDOs, which needed only a slight deterioration in the value of underlying assets for losses to escalate rapidly.
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In the assessment of these architectures, it is essential to consider new risks to which institutions are exposed.
But the loss ran deeper than analysts anticipated, and it underscored the extent to which some of Europe's largest and most prominent financial institutions are exposed to investments that rest on shaky American mortgages.
"Additionally, these institutions are exposed to large and rapidly-changing risk positions that expose these firms and their creditors to unexpected, sometimes outsized losses," Moody's has said in its reports.
Yet, I cannot recall a time in recent years where there is as much policy uncertainty as there is now and in countries to which financial institutions are exposed.
A financial institution is exposed to different risks such as credit risk and market risk, for instance, and is required to put aside a capital buffer against unexpected losses.
Now let's consider that of the 12 recorded data breaches at educational institutions, more than 820,000 records were exposed.
One institution in which healthcare workers were exposed to two SARS-CoV positive patientSARS-CoV positived.
When the bubble inevitably deflated, in 2007, the weakest institutions imploded with it, and systemic risks were exposed.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com