Two ill winds blew through Washington last week. Both left me uneasy about the precarious state of risk assessment and management in this country, which has already been buffeted so much by recession and disruption. Let me start with the less dangerous of the two: Hurricane Irene.
Irene has left me stranded in Sacramento, Calif., 3,000 miles from my home in Boston. Until I fly home later this week, I am spending my time traveling around California’s famed Central Valley—famed mostly as Ground Zero in the foreclosure crisis that has crippled the U.S. economy since 2008. I regret to inform you that little has changed here.
