Corrections
Secret Docs Show Foreclosure Watchdog Doesn’t Bark or Bite
Correction, Oct. 4, 2011: An earlier version of this story mistakenly stated that the Treasury has restored HAMP incentive payments for two of the three companies that had previously had their payments withheld. In fact, only one company had its payments restored. We regret the error.
Correction, Oct. 4, 2011: We originally referred to Koch-Glitsch as “France-based.” It has offices around the world, including in France; its main European office is in Italy.
What Are the Latest Revelations About Koch Industries?
Correction, Oct. 4, 2011: An earlier version of this story mistakenly stated that the Treasury has restored HAMP incentive payments for two of the three companies that had previously had their payments withheld. In fact, only one company had its payments restored. We regret the error.
Correction, Oct. 4, 2011: We originally referred to Koch-Glitsch as “France-based.” It has offices around the world, including in France; its main European office is in Italy.
This Week’s Top MuckReads: Warlords, Shell Companies and Shady College Football
Correction, Sept. 30, 2011: We originally said the story “Payday Lending Bankrolls Auto Racer's Fortune” was by iWatch and ABC News. In fact, it is by iWatch and CBS News.
Corporations Couldn't Wait to 'Check the Box' on Huge Tax Break
Correction, Sept. 27, 2011: Tax lawyer Philip D. Morrison said in a prominent tax journal that it was "ridiculous'' for the Obama Treasury to claim check-the-box allowed for an "unintended avoidance of current U.S. tax.'' He did not say the Obama proposal to change the tax provision was ridiculous, as stated in the original version of this article published Sept. 27.
Who Are America’s Top 10 Gas Drillers?
Correction, Sept. 1, 2011: This story originally said that more than 90 percent of Devon's U.S. reserves are in natural gas. It's actually more than 70 percent.
Bank of America Gets Buffetted
Correction, Aug. 31, 2011: This column referred incorrectly to the investment's impact on the bank's capital. Of the $5 billion, $2 billion will count in the measure of capital called Tier 1, under the current capital standard known as Basel 1. The column erroneously said that none of the $5 billion would count as Tier 1 capital.
Economic Myths: We Separate Fact From Fiction
Correction, Aug. 18, 2011: An earlier version of this story incorrectly said the only tax increases passed during the Obama administration were part of the health-care reform bill. In fact, the excise tax on cigarettes and other tobacco products was also raised as part of a children's health insurance bill in February 2009.
Will Innovative New Financial Regulator Be Hobbled Before It Even Starts?
Correction, July 20, 2011: This story incorrectly stated that the House Appropriations Committee had cut the Securities and Exchange Commission’s budget by $222.5 million. While the committee has proposed the cut, it has yet to be enacted.
From Dodd-Frank to Dud: How Financial Reform May Be Going Wrong
Correction, June 3, 2011: This story incorrectly stated that the Dodd-Frank law had stripped the position of chief counsel at the Office of the Comptroller of the Currency of its civil service status protection, based on erroneous information provided by Rep. Barney Frank. The provision was included in the House bill, but was excluded in the final version of the law.
Confessed Terrorist Tried to Help U.S. Track Down Other Terrorists
Correction, May 31, 2011: Wired magazine spotted an error in David Coleman Headley’s testimony. Headley said that the CEO of Lockheed Martin had been targeted for assassination, because Lockheed makes the drones that are used to kill terrorists in Pakistan. It turns out that General Atomics Aeronautical Systems, not Lockheed, makes the drones. Lockheed does, however, make the Hellfire missiles used by the drones.
Correction, May 31, 2011: This post originally said that Headley was arrested last October. He was in fact arrested in October 2009.
Forced Pooling: When Landowners Can't Say No to Drilling
Correction, May 19, 2011: This story has been corrected. It should have made clear that state regulations in New York and Virginia require drillers to lease a certain percentage of the acreage in a drilling unit before forced pooling or compulsory integration can occur, rather than a percentage of the landowners. May 20: This story originally said 38 states have some form of forced pooling law. Actually, 39 states do.
U.S. Senate Investigation Gives New Details on Magnetar
Correction, April 14, 2011: An earlier version of this story incorrectly attributed an additional email to Greg Lippmann and quoted from that email as referring to Magnetar when in fact it was referring to another hedge fund.
NOPD Beating Death Trial Draws to a Close
Correction, April 11, 2011: This post mistakenly said NOPD officers Melvin Williams and Matthew Dean Moore were both charged with striking and kicking Robair. Prosecutors charged Williams with beating Robair, not Moore. Moore faces a charge of lying to the FBI and both officers face obstruction charges for falsifying a police report.
Correction, April 11, 2011: This story originally stated that the Pennsylvania governor was Tom Ridge in 2003 when the DEP reached a settlement agreement with Walker to resolve all of his companies' outstanding treatment responsibilities. In fact, Ed Rendell was governor at the time.
Pa.’s New Jobs Czar Fought Enviro Regs for Years
Correction, April 11, 2011: This post mistakenly said NOPD officers Melvin Williams and Matthew Dean Moore were both charged with striking and kicking Robair. Prosecutors charged Williams with beating Robair, not Moore. Moore faces a charge of lying to the FBI and both officers face obstruction charges for falsifying a police report.
Correction, April 11, 2011: This story originally stated that the Pennsylvania governor was Tom Ridge in 2003 when the DEP reached a settlement agreement with Walker to resolve all of his companies' outstanding treatment responsibilities. In fact, Ed Rendell was governor at the time.
Charter Schools Outsource Education to Management Firms, With Mixed Results
Correction, April 6, 2011: An earlier version of this story stated that contracts between White Hat Management and the schools suing the company had been extended and were set to expire this summer. In fact, the parties recently agreed to extend the agreement for another year, ending in the summer of 2012.
Fort Bragg Infant Death Toll May Climb to Twelve
Correction, March 9, 2011: An earlier version of this article stated that Chris Grey was a spokesman for Fort Bragg’s Criminal Investigation Command. He is actually the spokesman for the Army’s Criminal investigation Command.
California County Opens Review Into Autopsies by Doctor With Checkered Past
Correction, Feb. 24, 2011: This post mistakenly said that in 2009 the Solano County Sheriff hired Dr. Susan Comfort to be the county’s chief forensic pathologist. The sheriff hired Dr. Susan Hogan for the job.
Loan Mod Program Left Homeowners' Fate in Hands of Dysfunctional Industry
Correction, Feb. 18, 2011: A caption in this story previously said the government’s foreclosure prevention program, HAMP, launched in April 2010. In fact it was launched in April of 2009.
New Documents Show Hedge Fund Magnetar Influenced Deal, Despite Denials
Correction, Jan. 27, 2011: This post previously stated that the FCIC quoted e-mails via a letter that had been filed with a court. In fact, they quoted e-mails from a similar letter that hadn't been filed.
Climate Benefits of Natural Gas May Be Overstated
Correction, Jan. 25, 2011: The article originally misstated that methane, at least 21 times more potent than CO2, is the most potent of greenhouse gases. The article should have stated that it is among the more potent greenhouse gases.