Instead, all institutions deemed systemically significant were saved, by shifting almost all of the risk on to taxpayers.

事实上，所有被认为具有系统重要性的机构都已得救，方式是把几乎所有风险都转嫁给纳税人。

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An institution designated as systemically significant, or "crucial, " would be marked as too big to fail.

WSJ: Not Everything Can Be Too Big to Fail

Second, systemically significant institutions would suddenly have an unfair competitive edge that would warp the market.

WSJ: Not Everything Can Be Too Big to Fail

That would be better, they think, than a system based solely on the micromanagement of individual institutions deemed systemically significant.

ECONOMIST: Financial economics