This is a perfect example of the danger of media bias. ABC News was in such a rush to report negative news about former Trump adviser Michael Flynn that they made a mistake which severely affected the stock market.
The Washington Examiner reports:
ABC News issues correction: Trump did not ask Michael Flynn to contact the Russians as a candidate
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ABC News issued a correction Friday on a report published earlier in the day that stated former National Security Advisor Michael Flynn was instructed by President Trump to contact Russians while Trump was still a candidate.
Instead, the “clarification,” later changed to a “correction,” noted that Trump’s request came after the election – a significant detail as Trump would have been transitioning from campaign mode to preparing for the start of his administration, but still might put Flynn in danger of violating the 1799 Logan Act because he was a private citizen at the time.
“A clarification tonight on something one of Flynn’s confidants told us and we reported earlier today,” Brian Ross said during ABC News’ “World News Tonight” on Friday. “He said the president had asked Flynn to contact Russia during the campaign. He’s now clarifying that, saying according to Flynn, candidate Trump asked him during the campaign to find ways to repair relations with Russia and other hot spots, and then after the election, the President-elect asked him, told him to contact Russia on issues, including working together to fight ISIS.”
Look at the chart below to see what ABC News did to the stock market:
This is a big distinction. Market tanked when ABC News report dropped. https://t.co/iRTb70uuyl pic.twitter.com/xbORTi0QOn
— Oliver Darcy (@oliverdarcy) December 1, 2017
Here’s the ABC News correction tweet:
CORRECTION of ABC News Special Report: Flynn prepared to testify that President-elect Donald Trump directed him to make contact with the Russians *during the transition* — initially as a way to work together to fight ISIS in Syria, confidant now says. https://t.co/ewrkVZTu2K pic.twitter.com/URLiHf3uSm
— ABC News (@ABC) December 2, 2017
Too little, too late!
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