Author’s Posts
Post #205…No Common Sense…Example #190
Loyd's of London Asbestos Crisis The Lloyd's of London Asbestos crisis became one of the largest insurance disasters of the late 20th century. During the 1960-1980s, Lloyd's syndicates aggressively insured U.S. companies against industrial liabilities, including...
Post #204…No Common Sense…Example #189
The Snacktime Cabbage Patch Kids (1996) * The 1996 release of the Snacktime Cabbage Patch Kids by Mattel is a classic case of simple, preventable mistakes compounding into a public safety issue. * The core problem was obvious in hindsight, the dolls had...
Post #203…No Common Sense…Example #188
The Boeing 737 MAX Crashes (2018-2019) * The Boeing 737 Max crashes (notably Lion Air Flight 620 crash and Ethiopian Airlines Flight 302 crash) revealed a series of failures that, at their core, violated basic common sense principles of safety and engineering. * At...
Post #202…No Common Sense…Example #187
Green Energy Blues The following text is taken from The Kiplinger Letter Vol. 103, No.15. * " Having failed to halt work on five ongoing offshore wind projects in court, The White House is trying to buy-out the leases, with some success. * TotalEnergies will...
Post #201…No Common Sense…Example #186
The Who Concert Disaster (1979) The Who Concert Disaster occurred on December 3,1979, outside the Riverfront Coliseum in Cincinnati, where 11 people were killed in a crowd crush before a concert by The Who. Common Sense failures were central to the tragedy....
Post #200…No common Sense…Example #185
The Enron Scandal (2001) * The Enron scandal was one of the most infamous corporate collapses in U.S. history. Enron, once a highly respected energy trading firm, filed for bankruptcy in December 2001 after it was revealed that the company had been hiding massive...
Post #199…No Common Sense…Example #184
The Hillsborough Disaster * The Hillsborough disaster occurred on April 15, 1989, at Hillsborough Stadium in Sheffield during an FA Cup semifinal between Liverpool F.C. and Nottingham Forest F.C. * A large number of Liverpool supporters were directed into already...
Post #198…No Common Sense…Example #183
A Short-Cut To Profits The following text was taken from the Kiplinger Letter, Vol. 103, No. 10. * "The Food and Drug Admin. is planning to revamp its drug approval process. The agency will now generally require only one clinical trial instead of two before OK'ing new...
Post #197…No Common Sense…Example #182
Hitler's Boo-Boo * The invasion of the Soviet Union by Adolf Hitler in 1941, known as Operation Barbarossa, is often cited as a major strategic failure caused in part by a lack of practical judgement and common sense. Hitler underestimated the size, resilience, and...