ABC News scorched over ‘correction’ to Flynn story that tanked the stock market

Carlos Garcia


ABC News is being flayed on social media over a blockbuster report that appeared to negatively affect the stock market, but was later “corrected” with what sounded more like a retraction.

Here’s when the original news broke:

ABC reported that Flynn “has promised full cooperation to the Mueller team.”

“Retired Lt. Gen Michael Flynn has promised ‘full cooperation’ in the special counsel’s Russia investigation and, according to a confidant, is prepared to testify that Donald Trump directed him to make contact with the Russians, initially as a way to work together to fight ISIS in Syria,” the report from ABC News read.

“The confidant told ABC News that Flynn felt abandoned by Trump in recent weeks, and told friends about the decision to make the plea deal within the last 24 hours as he grew increasingly concerned about crippling legal costs he would face if he continued to contest the charges,” it continued.

The ramifications of what seemed like a major scoop made the stock market crash by 400 points.

But hours later, they issued a correction which nearly erased the import of the entire scoop.