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A proactive response to potential cuts is more beneficial than a reactive response, although the best response may not be the intuitive one. An analysis of the responses of other institutions in similar situations can be helpful. There is an old saying—"if you want to make an omelet you have to break some eggs." This is tough if you're an egg; but being in an omelet is more constructive than being an unbroken egg in a refrigerator full of bad eggs.



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