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"I made a misstatement and I apologized," she said.
During the last Presidential campaign, she told Chris Matthews, on MSNBC, that Barack Obama held "anti-American views" and then admitted, "I made a misstatement".
"It's not the first time I made a misstatement that was mangled up, and it won't be the last," said Obama, with refreshing candor.
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Rather, the question of whether Exxon made a misstatement relates to what Exxon said or implied about its use of these proxies.
One way Exxon could have made a misstatement would be to have explicitly stated somewhere that in undertaking these activities, it was using the proxies.
Assume further, as alleged, that Exxon made a misstatement to the effect that it used the proxy costs set out in the Reports in undertaking the various activities discussed above when, in fact, it did not.
The other way Exxon could have made a misstatement would be if Exxon made a statement, in the Reports or elsewhere, that, while literally true, created an impression that would have misled a reasonable investor into believing that Exxon was using the proxy costs in undertaking these various activities.
In court, a few days later, Steven D. Goldby, chief executive of Symyx Technologies and a PeopleSoft director, testified that one of the reasons Mr. Conway got the boot was that he made a misstatement to analysts at a meeting on Sept. 4, 2003.
Our discussion of the data for this figure made a misstatement that combined the results from the whole brain and the cell culture.
Asked on Friday about his retractions, during a busy day of campaigning in this Birmingham suburb, Mr. Cain said, "It is real easy on this schedule to make a misstatement, but I'm not too proud to take things back".
These are largely securities fraud cases where the directors or officers make a misstatement or omission.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com