The measures apply to "golden parachutes, " the large payouts to managers when they are fired from their jobs, which Lagarde said only encourage undue risk-taking.

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"Our goal is to construct portfolios that have the potential to outperform the market over an investment time horizon of three to five years without assuming undue risk, " writes Miller.

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It should not matter to the individual what others are doing as long as they get what they need, in terms of performance that meets their goals without taking undue risk.

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It may depend on, among other things, whether capture can be accomplished in the window of time available to prevent an attack and without undue risk to civilians or to U.S. personnel.

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He will not be exposed to undue risk or masking injections and any decision regarding his participation in the fifth Test will be made in conjunction with the ECB, his surgeon and the Lancashire medical team.

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The Administration would like nothing better than to find a pretext for deferring a decision on deploying missile defenses -- if it could do so without exposing Al Gore to undue political risk.

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This may well be a welcome change to many IT departments that have had an undue burden from a risk management perspective.

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Nevertheless, Citi executives had been reluctant to change course, mindful that regulators might criticise any effort to undue decisions the bank made to stem losses and contain risk.

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