The story was about an order from New York's fire commissioner.

VOA: special.2009.05.17

The classic moral hazard problem is the problem that you give fire insurance on a house and someone burns down the house in order to collect the insurance.

有个经典的道德风险的例子就是,给一栋房子投保了火险,有人就可能会烧了这栋房子,以获得保险赔付

耶鲁公开课 - 金融市场课程节选

Many witnesses say Toumba gave the order for the presidential guard to open fire on people protesting Captain Camara's expected presidential candidacy.

VOA: standard.2009.12.07