When people can't accept responsibility...

...you get fun stuff like Bear May Have Survived If Fed Acted Earlier, CEO Says. Not saying the death of an investment bank isn't a complex issue exacerbated by lots and lots of unknowable details, but it'd be nice to hear a "Man, did I screw up" from the CEO whose entire company went kaput in record time.

Money quote:

"Schwartz said the Fed's rescue effort on March 14 didn't help, partly because it singled out the firm in trouble, which exacerbated the panic about Bear Stearns."

Translation:

"We were obviously holding our own until the Fed spilled the blood that drew the sharks."

Right...