Mr Hat & Jim,
In 2001, David Tice testified before the House Financial Services Committee, "The most reckless fund managers, the most reckless auditors, the most reckless investment bankers, the most reckless corporate officers made the most money. So you had greater and greater incentives to promote the most reckless guys." Meanwhile "the most reckless CEOs hired the most reckless chief financial officers."
Chairman Greenspan: A Fiat Mind for a Fiat Age
Although is appears way off topic at first blush, it is
EXACTLY the same process that has occurred in aviation since the deregulation in the 70's.
This is the motive force for the changes we are seeing in aviation. It will end in tears.