The single cause theory for Wall Street FAIL and BP and others

This article was a pretty good view of the reasons businesses are enticed to do "risky" things.

Because they actually AREN'T risky because there is limited (if any) downside with unlimited upside...

Wonder how I can get on the "up" side of things. :-/

Comments

  1. The Wave11:11 AM PDT

    Just got to this now - don't know if it's just me getting older/more cynical/depressed or seeing more of the truth/reality but the political/money process basically guarantees that corners will be cut and "too risky" activities will be taken which will have [negative] socialized consequences. since it all depends on people's behavior, if you believe that people's behavior is getting worse, then we should expect more of this.

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