From the news:
http://www.msnbc.msn.com/id/28642237

Sorry, but I am not alright with this. A 'mistake'?? For a three year
running period? I don't know about anyone else around here, but I will
admit that on a couple of returns, I overlooked taxable income mistakenly.
In both cases, the IRS thoughtfully contacted me, and promptly, to point out
the error. I paid up.....immediately. Something here seems, at first glance,
to reek of the sense of entitlement of Wall Street types that got the nation
into a host of trouble, and runs counter to the ideals espoused by the
President-elect. Obama would be well served to reconsider this nomination,
IMO.
Tom