Odd thing is if you're going to issue a retraction, seems obviously wise to do it as rapidly and wholeheartedly as possible.
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Dragging it out like this says "we made a terrible mistake but feel no contrition for it." It's the worst message you could send.
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hmm my impression is that trust in media is near a record low, cable news ratings are way down, journo jobs disappearing and the journos left are mostly lowly-paid depressed amphetamine addicts
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NYT and WaPo are fine revenue wise, and Bloomberg can lose money endlessly and not have it matter. The smaller papers (and all tv networks) are the ones suffering
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