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He talks about crises being "managed down".
"The number of accounts has been managed down," he said.
The number of accounts and total client assets of the Swiss private bank have been actively managed down by this intensive de-risking exercise, where we have put compliance and tax transparency ahead of profitability: In 2007, the Swiss private bank had 30,412 accounts.
It can and probably should be managed down, but it does not really explain most of the deficit, and could only be reduced to zero if there were an appetite for committing to a significant increase in permanent NHS staff, which of course would carry financial implications of its own.
In order to avoid this scenario, ICG recommends that the ALP program "be slowly managed down in size, with careful selection of troublesome units that should be disbanded".
At the end of 2014, that number has been actively managed down to [£45bn].
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Angela Caputo, for example, killed herself in an unimaginable manner: no one who had read her poems, with their charged and ambivalently childlike atmosphere, could have predicted such an atrocious death, stage-managed down to the finest detail for maximum terrifying effect.
But can they manage down?
We are actively managing down a slate of significant legacy issues.
And managing down, as the Titanic is sinking, you're not even worried about the deck chairs.
Sam's always managing up, but as the leader of the organization he needs to manage down".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com