Intrinsic to this conversation is speed; if the facts or conclusions turn out to be wrong, they can be fixed later.
" I definitely think that, if anything is wrong, if anything can be fixed, he is the one.
He calls it "the feeling that, when I'm at my parents' house, anything wrong or difficult can be fixed".
Which is horrifying, but shines a spotlight on the fact that almost everything that goes wrong with us can be fixed.
A "The first step in solving this problem is to determine what is wrong and how it can be fixed," said Howard Schechter, a Manhattan co-op lawyer.
They have a cultural expectation that whatever may be wrong with them, it can be fixed with the right treatment, and if the first doctor does not offer it they may seek a second, third or fourth opinion.
With Bear Stearns forced into a sale and the entire financial system still under the threat of further losses, Wall Street executives, regulators and politicians are scrambling to figure out just what went wrong and how it can be fixed.
Anything that's wrong about this career can be fixed by the same means.
The third position acknowledges that governance at the regional Feds is an anachronism, but argues that Mr. Dimon has done nothing wrong and that these boards can be fixed only by legislative action (see this editorial in The Financial Times on Wednesday, for example).
"Michael's struggle would be in vain if we didn't think soberly about what went wrong in his case and how it can be fixed," said Nina Morrison, senior staff lawyer for the Innocence Project, which worked on Mr. Morton's case and which is based in New York.
