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.

FORBES: Active Management: A Century of Underachieving

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.

FORBES: World War I's Crucial Lesson for Today's Leaders

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

At the end of an inquest at Leicester Town Hall, coroner Catherine Mason said there was "gross failure to provide basic medical attention to Mr Sandhu" and this had a direct link with his death.

BBC: Bradgate Unit's 'failings' in Gagandip Singh Sandhu death