On Monday evening, on live TV, CNN reported that the New York Stock Exchange trading floor was literally underwater — three feet deep. It wasn't the only media outlet with the news: The Weather Channel and others reported the same story. Allegedly, Hurricane Sandy hit Wall Street so hard that it deposited three feet of water at that level of the building.
As local news anchor Pat Kiernan and others quickly realized, however, the report was false: a live camera feed from the trading floor showed no evidence of flooding at all. NYSE officials also quickly contacted the news channels to refute the story, and within an hour, CNN retracted the report. It wasn't the only fact-checking failure in the excitement of the storm.
How did it...
via The Verge - All Posts http://www.theverge.com/2012/10/30/3578142/nyse-flood-cnn-rumor-false-shashank-tripathi
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