“The second thing we did was said, OK, we've now identified the risk, but what do you want to do with the money? Because it's not enough to have risk; you've got to have a meaningful use for the money we give you.”
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And here where the fact that we've given over half a billion dollars to New York really plays a role, because New York has already made a lot of investments in the kinds of things which you'd expect to have as basic security.
Michael Chertoff 
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I think the idea that you can go this alone is - was a huge mistake. And unfortunately, there was a price paid in terms of suffering and pain for people in New Orleans.
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But I think the bottom line right now is to take the constructive criticism and use that to build toward, as I say, the hurricane season that is 100 days away. And we don't have a lot of time to waste before we start to address that next set of challenges.
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The second thing we did was said, OK, we've now identified the risk, but what do you want to do with the money? Because it's not enough to have risk; you've got to have a meaningful use for the money we give you.
Michael Chertoff
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Well, I think first of all there was a failure to have real, clear information at our disposal. There was a real lack of situational awareness. We didn't have the capabilities on the ground to give us real-time, accurate assessments of the physical condition of the city.
Michael Chertoff
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