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Many overpaid to set up businesses that proved less profitable than expected, or struggled to compete with the state-run consumer banking giant, Sberbank.
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And in Europe, as in the U.S., the new fiber-optics networks have proven less profitable than expected.
Some outside investors are fearful that their ventures might prove less profitable under a Jokowi's government.
During the bubble years, limited partners had to claw back a lot of distributions made to general partners when their funds proved to be less profitable than expected.
The transfer of more than 1,500,000 acres (600,000 hectares) of government land to a group of wealthy Kenyans, many of whom were Kikuyu, proved to be less profitable than had been hoped, largely because the new owners were bad managers.
But the effect proved less powerful than anticipated.
Djalovic proved less trouble than Vucinic might have.
The work, however, proved less satisfying than Lisa expected.
Alas, the riposte proved less than devastating.
But her questions proved less than penetrating.
Almost all are still reporting steep falls in revenue from investment banking, and commercial banking is proving to be a lot less profitable than it was.A casual observer could be forgiven for thinking it was a decent quarter, with many banks posting higher year-on-year operating profits.
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CEO of Professional Science Editing for Scientists @ prosciediting.com