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Rick Wartzman in Bloomberg News | 'Lehman, AIG Chiefs Should `Man Up,' Stop `Kissing the Mirror' '

October 10, 2008

At no point did the witnesses acknowledge errors in judgment, a management ``travesty,'' said Rick Wartzman, director of the Drucker Institute at Claremont Graduate University in Claremont, California. He is also a former Wall Street Journal reporter, editor and business columnist.

``Being a leader is about being responsible and not passing the blame. True leaders step up,'' Wartzman said. ``To say you're acting on the best information available is a failure of leadership that reflects a failure of the system.'' LINK



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