Sorry for the scribd link. It's the first copy I found that wasn't behind a pay wall.
The gist is that within a few hours of the Challenger crash the stock for the company responsible for the component that failed went down far more than the stocks for other companies involved in building challenger. Interestingly, the equity value the stock lost (~200 Million USD) is almost exactly the same as the estimated total loss in profit (fines, lawsuits, updates to safety standards, lost contracts, etc).
Hmmm...so traders had a 1 in 4 shot of picking the correct company and they happened to do so? I remain unconvinced. I also remain unconvinced that this data is useful. It's not like we should let trader behavior influence safety investigations, right?
Sorry for the scribd link. It's the first copy I found that wasn't behind a pay wall.
The gist is that within a few hours of the Challenger crash the stock for the company responsible for the component that failed went down far more than the stocks for other companies involved in building challenger. Interestingly, the equity value the stock lost (~200 Million USD) is almost exactly the same as the estimated total loss in profit (fines, lawsuits, updates to safety standards, lost contracts, etc).