The issue for most of the recent institutional failures in the US was not one of ownership, but of inadequate risk management, skewed incentives, and limited regulation and enforcement among others.
2、不过，有观点认为，对贷款标准和风险管理进行更有效的监管，能防止未来出现这样的系统性问题。
But better regulation of lending standards and risk management, the argument goes, will prevent such systemic problems in the future.
Rather than step up their own risk management over the past two decades, too many bankers used weak regulatory capital guidelines as the way to measure risk.
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