Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Business Wire Falls for April Fools Prank, Sues FBNers -- Ignore unavailable to you. Want to Upgrade?

To: zonkie who wrote (157)	4/27/1999 10:17:00 PM
From: Angusb	Respond to of 3795

>>>>>Ms. Tamraz, the Business Wire executive, says there probably have been cases where companies have distributed false information through the service. But she says Business Wire doesn't have the ability to investigate every claim made in every release, and says when the service has reason to believe false statements are being made -- as it did in this case -- it takes action. "There's nothing of this magnitude that we've dealt with before," she says.<<< Wow, now there's a great big lie!! (I'm sorry I mean deliberate attempt to mislead) "when the service has reason to believe false statements are being made" I think they should stick to the "we just post em" approach. There have been some pretty obviously fraudulent releases over BW and I don't recall BW suing over them. If BW is screening releases for veracity then I think they have a legal obligation to do so with a degree of dilligence.