The very first paragraph sums it up.
Colgan Air says the probable cause of February's fatal crash in Clarence Center that claimed 50 lives was the pilots' "loss of situational awareness and failure to follow Colgan Air training and procedures, which led to a loss of control of the aircraft."
As part of a vastly subpar safety culture as a whole, Colgan has subpar selection, training, and checking of its pilots. They then had a crash that killed a bunch of people, and they're now trying to say its not their fault that they had an incapable crew in the front end of that airplane.
All in all, I find this whole thing completely disgusting. The attitude of money before all else, including human life, that these management teams have, along with their desire to throw absolutely everyone under the bus if something goes wrong, is incomprehensible. They should be in jail for the intentional disregard of the well being of the general population.