This is all a bunch of crap, it is politics as usual.

The first line in the article says the FAA will make sure "regional airlines' training programs are in line with federal regulations." Hello, airline are in line with federal regulations, the problem is with the federal regulations.

There is not any regulation that states a maximum busts and still fly 121.
The addressed that Shaw was tired on 3407, but Colgan was well within the duty regs.

This drips with irony that the FAA is looking for what the problem is. Like when OJ said he was going to look for the real killer.