Banks lent regardless of risk or business viability.
Congress, for example, has a programme that guarantees homeland-security grants to each state government regardless of risk.
For the last year, the names of all those in Connecticut have been available on the Internet, regardless of risk they pose, said the state's attorney general, Richard Blumenthal.
But if the sport of boxing is one in which fighters are granted licenes regardless of risk, behaviour and history, then a potentially grave error is being made.
And, by writing community rating and universal access into law, Congress will effectively be committing itself to the idea that health care, regardless of risk, is a right.
So if you want to make health insurance available to everyone, regardless of risk, the most sensible solution would be to expand Medicare to everyone.
Americans would thus enjoy freedom of choice, but insurers would not: they would not be allowed to turn down individuals for any reason, regardless of risk.
But we know no human is infallible, no human is perfect and mistakes are still made regardless of risk assessment, precise planning and implemented health and safety measures.
Knowing that major programmes are rarely cancelled outright, each of the armed forces has a systematic incentive both to underestimate the likely cost of equipment and to aim for the highest possible specification regardless of risk.
In 2002, the old lenient system whereby banks provisioned just 1% of their loans regardless of risk, was replaced by a five-tier classification tying the size of the provision to loan quality.
