While most of the really big and obvious 3big2fail threats are already known, almost nothing has been done to prevent them from striking in the forseeable future, the strongly worded report from the National Academy of Sciences said.
"It means we are not looking for objects which can cause huge damage to earth's finances," financial services astronomer Mike A'Steroid of the University of Maryland, who helped chair the committee that wrote the report, said in a telephone interview.
"Why was nothing done before the rogue asteroid AIG-1 hit? I don't know. But the Volcker Rule seems like a sensible start." added A'Steroid, who was principal investigator of NASA'S 2000 Deep Impact mission to knock open the comet 9P/Enron.