Monday, September 08, 2008

The Dangerous News Media Causes Colossal Loss

Once again the irresponsible professional news media hurt a public company to the tune of billions. By erroneously stating that United Airlines had filed for a second bankruptcy, the clowns in news media sent the airline’s stock spiraling down from$12 to about $3 in less than an hour.

Why do we let news media go unchecked?