Why, exactly?
Because a fraud issue indicates something is wrong with the institution itself. Integrity in the CFO position, and the CFO organization, is extremely important. Investors have to feel that you've got a lot of credibility. It's nice if you're really smart and hard working, but integrity is the most critical attribute.
You know, you're in business to manage challenges. There's always going to be situations where you've misjudged, you've made mistakes, you've got to downsize. I certainly don't look forward to having another credit crisis or liquidity crisis. But you can manage your way through that, so it's not the thing I dread the most.
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