Re:Boeing Believed a 737 Max Warning Light Was Standard
by salawat on Monday May 06, 2019 @11:15AM
(#19840170)
Because the third party auditor (the FAA) has had it's operating budget slashed so viciously, it can't compete in attracting the talent required for independent certification.
Remember, to regulate something, you need to be 10% smarter than what you are regulating. Which means you have to be able to make sure you can attract the best talent possible.
As a regulator, you have to be on your game all the time. The regulated just need to get lucky once to get away with what they shouldn't.
Why is this review not done by a third party auditor? The cynical view is that corporations have a conflict of interest. They are only incentivized to act ethically up to the point that the cost of ethical behavior exceeds the damage done by unethical behavior... These costs do include future fines/penalties, but these are often woefully disproportionate to the damage done as evidenced by the fraudulent NASA metal supplier incident.