Friday, October 26, 2007

Correction: "The Fed didn't say that"

I linked to a story on Tuesday indicating that the Fed would "do whatever is necessary" in order to protect the economy from the credit crunch that stemmed from the subprime meltdown.

Don't believe everything you read in the news, my friend. I came across this post on the Motley Fool website today. What do you know? The AP had the quote completely wrong.

AP reporters misstating quotes? That could never, ever happen.

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