In addition, the S.E.C. said in its filing, James C. Kelsoe Jr., the manager of the funds, repeatedly directed the funds to use valuations for which there was no justification during the first half of 2007, and Joseph Thompson Weller, an accountant in charge of valuing the company's funds, did nothing to correct the misstatements.
It would have been far better for McCain to have corrected the misstatements himself, hours, even days, after making the initial blunders.
WASHINGTON ― The Commission on Presidential Debates has said that it doesn't consider it a moderator's duty to correct the lies or misstatements of a presidential candidate, so we're going to try to do it ourselves.
"When there were mischaracterizations of our business record, or a misstatement of fact about the firm, we worked with major press outlets to correct the record.
Mr. Tourre, his lawyers argued, corrected that misstatement in offering documents that followed, calling that slice N/A or not applicable.
Clarification: This article has been updated to correct a misstatement on the part of Steven Pifer; he says that if the U.S. cut its nuclear arsenal in half, it would still have some 300 times as many weapons as North Korea.
But Mr. Krugman has been reluctant to formally correct his misstatement, starting when I raised the issue with Gail Collins, editor of the editorial page, on the day his column appeared.
This study involves an experiment where 73 Chief Audit Executives and deputy Chief Audit Executives determine the amount of adjustment required to correct a misstatement.
This article was amended on 17 December to correct a misstatement regarding which device increased more than five times in price in the last two years.
