But it would be oh-so warm and fuzzy if they did. Why not, indeed. Reuters, do tell:
…academics say an apology — for all the litigation risk it entails — can be the basis of revitalized confidence and trust.
With global markets paralyzed by the inability to rely on a counterparty, and as trust and accountability form the kernel of debates about effective regulation, some say a slice of humble pie now can help ensure bankers earn trust in future.
Or, as one commenter suggests, perhaps more than verbal contrition is required. A ritual severing of the pinky finger, on the 30th floor of 85, perhaps?
Do it for the children. For the children’s children.
Time for bankers to risk an apology? [Reuters]