The cart or the horse的意思_其他_趣味英语-查字典英语网

The cart or the horse的意思

As I survey this situation in serene tranquility away from market turmoil, I realize that I am very troubled by how the Lehman Brothers bankruptcy was handled. In my estimation, it was like putting the cart before the horse - allowing a financial institution to fail before you have worked out a mechanism of how to deal with that failure.

This one action will expose the global financial system to enormous additional risk.

- Lehman’s Bankruptcy Creates Systemic Risk, by Edward Harrison, SeekingAlpha.com, September 16, 2008.

2. Don’t put the cart before the horse:

Reading the recent news stories about Sarah Ferguson, the Duchess of York, it struck me that she is a prime example of someone who has gone about setting up her own business in totally the wrong manner.

The Duchess turns 50 this week and maybe it’s time to stop living in the manner to which she has become accustomed; she reportedly still keeps an entourage of staff on her payroll including personal assistants and a driver to take her to expensive restaurants in a Bentley Continental.

At the same time, however, her US business has been forced to close with debts of more than $1m (£630,000).

Hartmoor, a company set up to manage the Duchess’ career in media and public speaking, is being wound up by creditors. There has also been a succession of creditors in the UK that has lodged county court claims over unpaid bills. These were eventually paid, we are told.