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For most industries, failure on this scale would mean destruction, after all.
Dr. Robi: Are there any laws that should be put in place to protect consumers from the car industries' failure to protect its drivers?
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"With the passage of this new law the government has chosen to play Russian roulette with the industry's future and this government will be judged on the environmental damage and industry failure that will result from this legislation," he said.
Sir Mark Moody-Stuart, former chairman of Royal Dutch Shell, one of the most widely held shares in pension funds, says: "This book exposes the multiple leakages to various agents operating between savers and pensioners and the companies they are invested in, as well as the problems of collective industry failure".
Skeptics have been watching Globalstar closely after industry failure Iridium, also a global phone service provider, tanked completely last year.
Depending on how far below the industry failure rate Merck gets, its costs could be even lower.
Bonds issued by Sprint, one of the U.S.' largest telecom providers, plunged to $40 on Aug. 9, as WorldCom-weary investors feared yet another industry failure.
As an example from the aerospace industry, failure of the seals could result in engine shutdown and flights that must continue on one remaining engine.
The research that does exist doesn't support the argument that regulations are a significant cause of industry failure.
He added: "The cost to the government of banking industry failure during the credit boom is much greater than just the $700 billion of TARP.
While all parties agree with that objective, it should not be overlooked that the truer root of the problem is an industry failure to bring minorities adequately or representationally into the general film-making process.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com