If people intend the right thing, no basis for lawsuits
The move from recklessness to negligence [as a legal standard] was dropped for fear it would invite a wave of lawsuits. O’Neill said, “If people do the right thing, there’s no basis for any lawsuit. How the hell can anyone bring a lawsuit unless there’s
proof or very clear suspicion of intentional wrongdoing. The challenge,” he wrote to Bush, “is to restore a value system of responsibility and accountability oriented toward sustained, long-term growth, not short-term market gain.”
Source: The Price of Loyalty, by Ron Suskind, p.231 & 239
, Jan 13, 2004
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