Good, Bad, and Ugly

Reader reaction to Reuters news

He wasn’t rescued…


Stanford surrenders passport, Antigua units seizedAlso, a federal judge presiding over the Stanford case, U.S. District Judge Reed O’Connor, was rescued because a relative has “substantial” Stanford holdings, according to a court filing.I am hoping that the judge was not ‘rescued’ as that suggests that somehow he’s getting ‘his’ money back. I suspect it was supposed to be ‘recused’.A.M.A number of readers noticed that one, which was a combination of spellcheck and human error. We corrected: GBU Editor

Texan billionaire Allen Stanford talks during an interview in Miami in a 2008 file photo. REUTERS/Joe Skipper

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Kosher cookbook?


Madoff’s wife withdrew funds on eve of his arrest

Ruth Madoff, the co-author of a kosher cookbook, has drawn attention from prosecutors who tried unsuccessfully to have her husband’s bail revoked.

In this article your writers have deliberately engaged in antisemitic activity. Unable to simply come out and say, “The Madoffs are Jews” because this would be both irrelevant to the story and blatantly antisemitic, the authors resort to “Ruth Madoff is the co-author of a kosher cook book”, equally irrelevant to the story and not as blatantly antisemitic. Nevertheless, the barely-subtle message is very clear for those who want to hear it.

Not 30 countries…


G30 says broken financial system needs fixing

NEW YORK, Jan 15 (Reuters) – The Group of 30 countries on Thursday called for changes in international financial regulation to help avoid future meltdowns, but its recommendations were vague and non-binding.

Your story incorrectly states that the G30 is a “Group of 30 countries.” It is not. The Group of Thirty is a group of individuals from the private and public sectors and academia from a variety of countries, but not thirty countries.

Was it a plummet?


Retailers’ holiday sales plummet

NEW YORK – Retailers’ sales fell as much as 4 percent during the holiday season, as the weak economy and bad weather…

Plummet? You really need to use the word plummet when talking about 4%? Wow.

i know you want to catch the attention of readers. But honestly… plummet? You are not helping the economy by using terms like that.

Pore no more…


French Madoff investor found dead in NY office A receiver has been appointed to oversee Madoff’s firm, while investigators pour over masses of documents and conduct interviews to assess the losses and probe whether anyone else was involved. Pour is misspelled; in this context the word is ‘pore’

Simon S.

Of course. This same mistake has made a number of guest appearances in GBU over the years: GBU Editor

Lot of credit cards…


Banks, consumers brace for new US credit card rules

In 2007, Americans were using an estimated 694.4 billion credit cards with Visa, MasterCard, American Express and Discover logos, according to the Card Industry Directory.

Really? That’s about 2,000 credit cards per American. Doesn’t anybody at Reuters read the stories before posting to make sure they even make sense?

Oprah’s empire


Oprah named entertainment’s most powerful woman

Winfrey’s production company, Harpo Inc., made $345 million last year. She overseas an empire that includes her TV show, a magazine and an online store.

Howdy and hope you’re well. I think you mean she OVERSEES an empire…

For Whom the Bell Tolls…



And now a personal note. This will be the last editor’s message in the Before the Bell news mail, although you’ll still get an automated mailing of the top business and economic stories.

I’ve really enjoyed giving you my take on the ups and downs of the markets, and I wish you all the best in these tumultuous times.

Bad headline?


House prices fall to 30-year low

house-prices-240.jpgLONDON (Reuters) – The decline in house prices accelerated in September and sales fell to the lowest level in at least 30 years, a survey showed Tuesday, in a sign the housing market slump may have some way to go yet.

Your headline “HOUSE PRICES FALL TO 30 YR LOW ” is very misleading and is NOT correct. As the article states the number of houses SOLD in September fell to a 30 yr low. This is VERY different to saying PRICES fell to 30 yr low.

Injecting an error?


Selling frenzy persists, Dow down 25 pct in Oct

In U.S. equities, the Dow Jones slid as much as 8 percent to break below 8,000 for the first time since April 1, 2003, and bringing its losses for the week to more than 20 percent. Morgan Stanley, the No. 2 independent investment bank, plunged 37 percent on doubts that a planned $9 billion cash infection from Japan’s Mitsubishi UFJ Financial Group Inc would be enough to enable it to ride out the current crisis.

Really, a cash “infection”?

I’ve been reading reuters regularly for several months now and almost every day I find some glaring, hardly accidental error like this, and then e-mail the correction to you. It undermines your credibility. If you need a damn editor, hire one. Hell I’ll do it.