The wonderful results of lack of government regulation (sarcasm alert).
Of course, for good regulation, one needs good government.
http://www.eurekalert.org/pub_releases/2010-01/uoca-ics011410.php
Public release date: 14-Jan-2010
Contact: Roger Bilham
University of Colorado at Boulder
Industry corruption, shoddy construction likely contributed to Haiti quake devastation
The death toll in the massive 7.0 magnitude earthquake in Haiti Jan. 12 is expected to continue to rise in the coming days, likely in large part because of corruption and resulting shoddy construction practices in the poor Caribbean nation, according to a University of Colorado at Boulder seismologist.
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The International Red Cross estimated today that 45,000 to 50,000 people were killed in Tuesday's massive earthquake.
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