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.

对于最近美国大多数的模式的失败，问题不仅在于所有权，而在于风险管理不足，不合理的激励和有限的监管和执法等等。

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But we can not ignore the element of "capture" in the systemic failures of oversight, regulation and disclosure in the financial sector.

FORBES: Magazine Article

For all the shortcomings and failures of the old days of Wall Street regulation, what we have now is merely a reverse image replete with its own grievous shortcomings and failures.

FORBES: Break Up the Securities and Exchange Commission

Our students are eager to deconstruct the failures involved and to study the way regulation will impact the banking and finance industries.

FORBES: Magazine Article