What You Read Might Not Be True!

I got the following comment for the following posting, Financial News: True Or False?

Avatar said...

• Dear Moola,
  
  You know what's the most unfortunate thing about what you've highlighted.
  
  Financially literate people will take what they read in the financial dailies with a pinch of salt.
  
  Even more savvy investors like you take time to peruse through the Announcements on the Bursa.
  
  However, Joe Public might not be even aware that the reports were way off the mark in the first place.
  
  Let's face it, how many people actually peruse through the announcements on the Bursa...I'd say not many.
  
  It's good that Bursa asks for clarification from these listed co. However, as you highlighted, we are missing the other part of the equation...
  
  Financial dailies must be more accountable for what they write and publish... Otherwise..[sigh]

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Dearest Avatar,

As it is, if nothing is done, our financial news editor might as well put the following disclaimer on every page.

• Please refer to Bursa Malaysia website to confirm what you read is true or false!

Sounds so ludicrous, doesn't it?

Why can't we see improvement from our financial press?

Is it too difficult to ask them to print nothing but facts? Just the facts man!

And what waste of time and money for both Bursa Malaysia whenever they seek clarification after such news?

Surely everyone has something better to do than waste time and money daily just to clarify what's being published by our financial press, yes?