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Wednesday, March 12, 2014 11:57:57 AM
Sent to to everyone listed under Financial & Risk
http://thomsonreuters.com/contact-us/media-contacts/
To Whom It May Concern,
I was very disappointed of the level of journalist integrity that Margaret Chadbourn stooped to in her headline yesterday, "Senate Banking Leaders reach DEAL on FNMA/FMCC future."
This headline single handedly caused the price of Fannie Mae stock to plummet almost %50, costing hard working investors billions.
This headline made it seem that a deal was reached and done, when in fact it is a small number of Senators who are proposing a bill that will probably be dead on arrival.
This kind of hype is expected from a tabloid and not a professional news outlet such as Reuters. I believe that a retraction on the headline with an update is in order to help ease the minds of millions of suffering investors who take news from Reuters seriously.
This type of reckless journalism should not be tolerated and Margaret Chadbourn as well as the editor who approved this headline should be reprimanded.
Sincerely,
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