The only individuals and entities that do learn are those that have personally experienced—and endured—the crucible of crisis.
No government loans or grants to firms or entities connected to campaign bundlers and large financial supporters.
The concept is to reduce risk and return to core businesses, enabling the authorities to regulate these entities more efficiently.
1590s, from Late Latin entitatem (nominative entitas), from ens (genitive entis) "a thing," proposed by Caesar as present participle of esse "be" (see is), to render Greek philosophical term to on "that which is" (from neuter of present participle of einai "to be;" see essence). Originally abstract; concrete sense in English is from 1620s.