I am super busy today but I did want to throw this out there:
During Monday night’s coverage of damage due to storm system Sandy, both CNN and the Weather Channel inaccurately reported that the New York Stock Exchange was under three feet of water. Meteorologist Chad Myers told Piers Morgan about the damage.
“According to the National Weather Service, through broadcast media, there’s three feet of water on the trading floor on Wall Street. Three feet of water on the New York Stock Exchange,” Myers said on air.
Morgan asked longtime Wall Street correspondent Erin Burnett how long the exchange might be closed. She responded, “It’s a wooden floor, and it’s a historic building, the damage it could do would be amazing.”
Throughout the exchange, which lasted several minutes, a lower-third graphic said “3 feet of water on floor of NYSE.”
Wow. Ali Velshi even opined that flooding the New York Stock Exchange “will have an influence worldwide on people’s wealth.” EVERYBODY PANIC!
Or not …
Morgan: You have an update on the stock exchange situation … Do we still think that 3 feet of water got into the exchange? There seem to be conflicting reports now.
Myers: Oh is that right? You know, I got that from the National Weather Service Chat bulletin board. It was right on there, it said three feet of water on the floor. I don’t know if there’s conflicting reports or not.
OH. So not the National Weather Service, but a bulletin board chat? You people don’t know the difference between anonymous people “chatting” and an actual National Weather Service report? And you push the panic button anyway? Tell people that globally, personal wealth could be affected? Based on a dang bulletin board chat?! Geeez. That’s not just incompetence, that’s negligence. Shame on you, Chad Myers.
Once upon a time, not too long ago in fact — I’m thinking 9/11 and Hurricane Katrina — people tuned in to CNN for breaking news. Maybe people ignored the lame nightly programming, but when something big happened, that’s where you went for information. But now CNN can’t even do that right anymore.
This is just the latest in a string of reporting failures by the once-vaunted “most trusted name in news.” Now that’s just a sad joke.