The price rise is to offset additional costs faced by Guernsey Electricity after a cable link failure to France forced it to produce on-island power.

BBC: Guernsey's 9% electricity rise expected to remain

Without a causal link between the failure to investigate and the loss, is there no manager liability?

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This link points to a broader market failure to provide the right kind of investment and incentives to create much-needed new antibiotics.

CNN: How hubris put our health at risk

During 2012, Guernsey experienced a number of major power cuts, as well as the failure of its undersea cable link to France.

BBC: Guernsey's States begins consultation on electricity

RickFerri.com with highlights of Cowles 1932 study and a link to his paper: Beating the Market: A Century of Failure.

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And the fundamental problem is the same: a failure of alignment, by which I mean of the elusive ability to link strategic intent at the top of an organization to tactical performance at the bottom, via an unbroken internal narrative.

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Failure by Microsoft to warn purchasers that the ability to use the Windows data link library may be missing.

CNN: Microsoft hit with Windows-related class-action lawsuit