Investors have been too willing to buy stocks with strong reported earnings, even if they do not understand how the earnings are produced.
Corporate executives often buy or sell shares in their companies, and stocks rarely rise or fall significantly when those transactions are reported.
Benefits are rarely made public in filings with the Securities and Exchange Commission, where companies must report the pay and options that their five highest-paid executives receive.
'Flash mobs' are reported on extensively because they're novel and can be used to stoke fears of young people and the Internet. The media, of course, have absolutely no clue what they're reporting on.
I wish that the Indians believed me a god, for upon the report of an enemy's valor oftentimes depends the success of a battle, and false reports have many times done as great things as true courage and resolution.
We are the recorders and reporters of facts - not the judges of the behaviors we describe.