Operational risk is the risk of loss resulting from bank operational failures, such as rogue traders, fraudulent sales practices, and cyber risks. Operational risk capital is money or assets that banks have to hold to shield the economy from the consequences of these kinds of failures.

The total funding of SETI (the Search for Extraterrestrial Intelligence) in the U.S. is 0.0003 percent of the tax monies spent on health and human services. And it's not even tax money. The SETI Institute's hunt for signals is funded by donations.

While I have always thought that the motivation for looking for E.T. was both self-evident and patently worthy, it's possible that I'm a victim of my own job description. Others don't inevitably agree. Some will opine that there are better ways to spend the money.

Money Quotes