“How is it possible that the better institutions in advanced countries had mismanaged risk so badly?” Some of them were allowed to turn into incestuous mutual admiration clubs. Their management always preferred consensus to any debate. The networks of people became more valuable than the ideas. A misguided sense of automatic solidarity pervaded the networks. Risk adverse human resource departments mostly hired experts from “safe pools” Think tanks and universities turned from being critics into being commercial agents. Too many opinion journalists trapped in their own opinions and too few questioners. Too many dedicated silencers of the opinions that differ from the common held views.