Jim, Tim and Earl have character!

Jim Burr, Tim Higgins and Earl Walton made a mistake. They missed a game ending Big East Conference second-round basketball call at Madison Square Garden that ended the Rutgers University season prematurely. It was obvious and misfortunate.
Here is the big difference that makes me bring it to the attention of the LiaV community. Referees Burr, Higgins and Walton took complete ownership in their error and removed themselves from the rest of the tournament. They administered self discipline. There was no investigation, review or committee. They recognized their mistake, felt a huge sense of injustice and decided the right path forward without any further consideration.
As leaders, we are going to make mistakes. We need to own them, do the right corrective action and move forward. Admit to your shortfalls before others do and take your own corrective action. I wanted St. Johns to win this basketball game, but t not this way. The self action of the referees renewed my faith in the refs that made the error.
Have you seen a leader take ownership for an error? How did it make you feel?