Worse, in the past, ill-conceived designs, safety scares and theregulatory delays they gave rise to made nuclear plants even more costly thantheir hefty price-tags suggest.
If a multinational bank collapsed and defaulted on its loans from the central bank, making good on any losses on the collateral would be a messy business.
This second option might properly be termed "asset maintenance" underwriting - the acceptance of terrible business just to keep the assets you now have.
Although a correlation between them leaving and subsequent bad performance at the firm is suggestive, it does not mean that such directors are always jumping off a sinking ship.
Because the course of action they took turned out badly, they believe that the opposite course—keeping Mother at home, postponing the operation—would have turned out better.
A scent associated with a good experience can bring a rush of joy, while a foul odour or one associated with a bad memory may make us grimace with disgust.