After the Challenger and Columbia Space Shuttle accidents, special commissions were established by the President to review relevant preceding events, determine causes and propose corrective actions.
I propose an analagous commission be established to similarly review the recent economic crash and banking / financial catastrophe and layout for all to see the path, causes and proposed corrections. Like the Shuttle investigations, responsible parties and organization will be identified, sanctions proposed, and improved plans published.
It should be clear that the recent failures are at least as important as the mentioned space failures, and we should insist on at least as much focused attention on their future prevention.
Wednesday, October 28, 2009
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