Tuesday, March 17, 2009

Think Progress » Barney Frank: It’s ‘Nonsensical’ To Retain AIG Employees To Undo The Mess They Created

Think Progress » Barney Frank: It’s ‘Nonsensical’ To Retain AIG Employees To Undo The Mess They Created: "That’s nonsensical. It’s clear they made a lot of mistakes and we need to undo what they did. If they really understood what they did in the first place, seriously, they probably wouldn’t have done much of it. Secondly, when you are trying to undo something, it is often not the case that the people who did it are the ones to put in place. People are sometimes committed to not admitting mistakes. … So that argument I think is in fact almost counter, because the argument that you take the people who made the mistake and put them in charge of undoing the mistake goes against the human impulse not to admit a mistake."

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