But running a company is always about dealing with failure as well as success.

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And it needs mechanisms for dealing with failure, such as an orderly system for sovereign-debt restructuring.

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Donald Anderson, the city council leader, says Scottish politicians think too much about dealing with failure.

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When dealing with failure, achievers have short memories.

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Mike Farrar, chief executive of the NHS Confederation, which represents trusts, said he agreed there needed to be greater clarity for dealing with financial failure.

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In Washington, congressman Charlie Rangel, is going to be censured for issues dealing with unpaid taxes and failure to report rental income on a vacation home he owns in the Dominican Republic.

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But the result in terms of dealing with the basic problem is failure.

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It remains to be seen whether he and the politicians who fail to raise the debt ceiling on August 2 will feel secure in dealing with the economic and political consequences of that failure.

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It doesn't really help, and its failure doesn't really hurt--we are dealing with perception issues more than anything else.

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It underscored the difficulty the elderly have in dealing with the myriad of electronics that they live with and which can cause distress for them when there is a failure.

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