The Oscars were set up in 1927-28 to reflect credit on the industry and to reward Hollywood's own.

ECONOMIST: The Oscars

To win, a film must also reflect credit on the industry.

ECONOMIST: This year's Academy awards are really anyone's guess

Credit ratings for Dubai-owned companies now reflect this lesson, based on a fundamental credit outlook, not an implicit government backstop.

FORBES: Doctor Doom

And lowish credit-default-swap spreads on banks such as Deutsche Bank and Credit Suisse partly reflect the assurance of government help if needed.

ECONOMIST: The world's best banks

"Any companies in the credit industry still without a firm timetable for implementing the new requirements should reflect very carefully on their position, " Richard Thomas said.

BBC: Bad debts of other family members should not affect you