Friday, January 24, 2014

Hacked CNN Reports "China Dumps All US Bonds"

It's one thing for the Comedy News Network formerly known as CNN to announce the opposite verdict on Obamacare as breaking news or that the TV studio formerly known as the NYSE is under 3 feet of water (based on what it saw on Twitter). It's something else entirely for it to report that China has declared semi-hot war on the US (unless of course CNN is merely reporting tomorrow's news today).

This is a cached version of a CNN website that appeared one short hour ago.


Luckily this time it was merely a a hack, as can be seen by the "article's" subsequent deletion from the live page and CNN's mea culpa:
  • CNN SAYS SOME OF ITS SOCIAL MEDIAL ACCOUNTS WERE COMPROMISED
  • CNN SAYS COMPROMISED ACCOUNTS INCLUDE TWITTER PAGE, FACEBOOK
But perhaps more telling is the complete lack of market response to even the hacked article, so different to the AP hack from last summer when the market plunged if only briefly following a hacked AP tweet. Just goes to show how irrelvant the once upon a time only news network has become.
h/t @rosswernej

 http://www.zerohedge.com/news/2014-01-23/hacked-cnn-reports-china-dumps-all-us-bonds