Stocks crashed by 350 points on Friday following a report by Brian Ross at ABC News that that General Michael Flynn, the former national security adviser, would testify that he was directed to make contact with Russians during the presidential campaign in 2016.
But on Friday evening ABC News corrected their explosive special report that aired in the morning saying that Donald Trump, as a candidate for president, had asked Michael Flynn to make contact with Russians.
The mistake cost investors billions and it was #FakeNews.
Brian Ross apologized for the fake news report.
This was all fake news.
Hours later, ABC News issued a “correction.”
“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,” ABC News tweets hours later.
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
Moments ago, ABC News announced it has suspended Ross.
“We deeply regret and apologize for the serious error we made yesterday. The reporting conveyed by Brian Ross during the special report had not been fully vetted through our editorial standards process. As a result of our continued reporting over the next several hours ultimately we determined the information was wrong and we corrected the mistake on air and online. It is vital we get the story right and retain the trust we have built with our audience –- these are our core principles. We fell far short of that yesterday. Effective immediately, Brian Ross will be suspended for four weeks without pay.”
ABC News suspends Brian Ross for false reporting on Michael Flynn bombshell story. pic.twitter.com/q7uxPBOwrq
— Josh Caplan (@joshdcaplan) December 2, 2017
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