He played down Wallaby coach Eddie Jones' talk of Scotland playing "last-resort" rugby against Australia.
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But remember that dipping into retirement accounts to pay tuition should be a last-resort option.
Central banks have practiced this lender-of-last-resort function with reckless abandon, provoking bank failures and monetary crises galore.
The IMF became the lender-of-last-resort in the crises that threatened to unravel several European economies, from Ireland to Austria, Hungary and, lately, Greece.
The extraordinary scope and magnitude of the recent financial crisis of 2007-09 required an extraordinary response by the Fed in the fulfillment of its lender-of-last-resort function.
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The bidders (including the supposed last-resort bidders) disappeared and holders were stuck, either having to settle for the very low default rates or selling at a deep discount to speculators.
This kind of litigation can be expensive and time-consuming, and a last-resort allegation that often involves unjustified disparagement of inventors and patent owners as well as their patent agents and attorneys.
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To this day most Americans have been gulled into believing that the Federal Reserve was chartered in 1913 to serve as a last-resort lender to banks that were supposedly an essential economic input.
Then a miracle happened: On Christmas Day 2005, after Jewaun had spent two months in an induced coma hooked up to a ventilator as doctors flooded his body with a potent, last-resort antibiotic combo, he woke up.
However, once I was in college, I was surprised to hear how people reacted to being rejected by a college and that their choices for safety or last-resort schools were ones I considered fairly high up on the totem pole.
The alerted farmers will then increase the number of fly traps, wrap up fruits, or - as last resort - use pesticide.
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If a supermarket fails to comply, it can then be named and shamed, and - as a last resort - fined.
The central bank -- supposed to be the lender of the last resort -- became the lender of first and only resort!
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Investors insist they're just lenders of last resort--and backers for the long haul.
"A reverse mortgage is an expensive way to enable one to tap an asset of last resort--their home, " says Ron Roge, chief executive officer of R.
The Last Resort re-wrote the rules for photographers, placed colour photography in the UK on the map and even now, more than 25 years on it still has the power to shock and amuse all at the same time.
The fundamental public-private conflict of the GSEs means the taxpayer will always be lender of last resort to these quasi-public organizations.
More than anything else, investors want to see the ECB behaving as the bond-buyer of last resort.
Heart transplants are the last resort for end-stage heart disease, but there aren't enough organs to go around.
Moreover, the ECB remains adamant that it cannot intervene as the lender of last resort to euro-zone sovereigns.
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"As one of the chief architects of the AIG bailout, Secretary Geithner was in a position to do what any lender of the last resort would do -- negotiate concessions from AIG, " he said in a press release.
Put it another way: by expanding its emergency liquidity facilities, the ECB signalled that it was willing to keep acting as a lender of last resort for banks - and by extension, that it was willing to keep all 17 of the eurozone's national financial systems afloat, while the sovereign debt crisis is resolved.
When you see it these days, it's often a hit-and-hope move of last resort.
Remember they weren't supposed to be playing the "lender of last resort" for hard-pressed Eurozone governments.
Patients with insurance or Medicare coverage have traditionally shied away from the so-called hospitals of last resort.
Electroshock therapy, the decades-old treatment of last resort for depression, indiscriminately blasts the entire head to induce seizures and jar patients out of their blues.
And conservatives everywhere are relooking at the role of central banks as they morph from lenders of last resort to effectively underwriting - some say controlling - fiscal policy.
Check-cashing storefronts, the financial institution of last resort for the millions of Americans who lack bank accounts (the so-called "unbanked"), are drawing scrutiny for usurious lending practices and are being forced to reform.
The uninsured in this case would be able to get coverage as a last resort from the high-risk pool, paying what they can based on their income, with taxes subsidizing the pool to keep it afloat.
University officials say that asking the state to seize hold-out businesses is a last resort.
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