Why Hasn't Rolling Stone Fully Retracted Its Gang Rape Story Yet?

UVARolling
Stone
has admitted that Sabrina Rubin
Erdely’s story,
“A Rape on Campus,”
contains enough inaccuracies to render the
narrative‘s central allegation
effectively false. The editor‘s note that
precedes the article is now more than 600 words long; it
concedes—over and over again—that
Jackie‘s narrative as printed in the
story is untrue, that key players and events either don’t exist or
didn’t take place, and that multiple on-record sources dispute
Erdely’s reporting.

Why on earth has the story not been fully retracted yet?

Here is what the editor’s note—which is constantly evolving to
provide an up-to-date record of the story’s thorough debunking—now
claims:

Last month, Rolling Stone published a
story entitled A Rape on Campus, which described a brutal gang rape
of a woman named Jackie during a party at a University of
Virginia fraternity house, the
University‘s failure to respond to this
alleged assault – and the school‘s
troubling history of indifference to many other instances of
alleged sexual assaults. The story generated worldwide headlines
and much soul-searching at UVA.
University president Teresa Sullivan promised a full investigation
and also to examine the way the school investigates sexual assault
allegations.

Because of the sensitive nature of
Jackie‘s story, we decided to honor her request not to
contact the man who she claimed orchestrated the attack on her nor
any of the men who she claimed participated in the attack for fear
of retaliation against her. In the months Sabrina Rubin
Erdely reported the story, Jackie said or did nothing
that made her, or 
Rolling
Stone‘s editors and fact-checkers,
question her credibility. Jackie’s friends and rape activists on
campus strongly supported her account. She had spoken of the
assault in  campus forums. We reached out to both the local
branch and the national leadership of Phi Psi, the fraternity where
Jackie said she was attacked. They responded
that they couldn’t confirm or deny her story but that
they had questions about the evidence. 

In the face of new information reported by
the 
Washington Post and other news outlets,
there now appear to be discrepancies
in Jackie’s account. The fraternity has issued a
formal statement denying the assault and asserting that
there was no “date function or formal event” on the night in
question. Jackie herself is now unsure if the man she says
lured her into the room where the rape occurred, identified in the
story as “Drew,” was a Phi Psi brother. According to
the 
Washington Post, “Drew” actually belongs to a
different fraternity and when contacted by the paper, he denied
knowing Jackie. Jackie told 
Rolling Stone that
after she was assaulted, she ran into “Drew” at a
UVA pool where they both worked as
lifeguards. In its statement, Phi Psi says none of its members
worked at the pool in the fall of 2012. A friend of
Jackie’s (who we were told would not speak
to 
Rolling Stone) told
the 
Washington Post
 that he
found Jackie that night a mile from the school’s
fraternities. 
She did not appear to be “physically
injured at the time” but was shaken. She told him that that she had
been forced to have oral sex with a group of
men at a fraternity party, but he does not remember her identifying
a specific house. Other friends of Jackie’s told
the 
Washington Post that they now have doubts
about her narrative, but Jackie told the 
Washington
Post that she firmly stands by the account she gave to
Erdely

We published the article with the firm belief that it was
accurate. Given all of these reports, however, we have
come to the conclusion that we were mistaken in honoring
Jackie‘s request to not contact the
alleged assaulters to get their account.
In trying to be sensitive to the unfair shame and humiliation many
women feel after a sexual assault, we made a judgment – the kind of
judgment reporters and editors make every day. We should have
not made this agreement with Jackie and we should have worked
harder to convince her that the truth would have been better served
by getting the other side of the story. These mistakes are
on 
Rolling Stone, not on Jackie. We apologize to
anyone who was affected by the story and we will continue to
investigate the events of that evening.

Emphasis added to highlight the latest of Rolling
Stone
‘s admitted sins.
Erdely originally reported that
Jackie‘s friends—the ones who urged her
not to go to the police, worried about how their social lives would
be impacted, and wondered why she didn’t enjoy being with “hot Phi
Psi guys”—declined to be interviewed. But those same friends have
now given multiple media interviews in which they claimed that they
would have gladly told their story to
Erdely if given the chance. The above
admission in the editor‘s note suggests
that Erdely did not actually try to
contact the friends at all, perhaps taking
Jackie‘s word for it that they were
unwilling to talk.

These friends have, of course, contradicted virtually all of
Jackie’s claims, from the details of the alleged crime (coerced
vaginal sex and with nine perpetrators vs. coerced oral sex with
five perpetrators) to Jackie’s state immediately after (battered
and bloodied vs. shaken but not bleeding) to the argument over
whether to call the police (Jackie said her friends talked her out
of it, the friends say they were dialing 911 when Jackie
stopped them.) The friends have also questioned Jackie’s odd
behavior prior to the alleged crimes, and have put forth a credible
narrative—backed up by the The Washington Post—suggesting
that she went to great lengths to invent a fictional suitor. As

I explained on CNN’s Michael
Smerconish show
on Saturday, these
developments support a “catfishing
explanation.

Rolling Stone is apparently re-reporting the story,
according to
WaPost‘s

Erik Wemple
. Presumably,
that entails doing all the work its staff should have done before
publishing such incredible—and, as it turns out, demonstrably
false—claims. The magazine has given little reason for anyone to
believe it’s capable of such feats of competent journalism, but
should begin by penning what everyone else has already realized is
necessary: a full retraction. No more mealy-mouthed statements like
“our trust was misplaced” in Jackie (as the editors initially
claimed), or “we were mistaken” in reporting details
pursuant to Jackie’s demands (as they now
claim).

More from Reason on this subject
here
.

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Kid Suspended for Bringing an Empty Shell Casing to School

ShellQuestion: What explosive device presents zero
threat to anyone?

Answer: An empty rifle shell. And yet, a student at Chanute
Elementary School in Chanute, Kansas, was just suspended for five
days for bringing one to school. His mom told The Chanute
Tribune
 that Principal Gary Wheeler said her son got
off easy. He could have given the boy 168 days to cool his
heels.

(Which sounds suspiciously like a plea bargain made by a corrupt
D.A.)

But anyway: Why would a boy have a rifle shell with him at all,
if he wasn’t some kind of gun-crazed threat to all child-kind?

Carlson said her son, Camron Carlson, was out with her the night
before, Tuesday Dec. 2, where she was sighting a rifle for deer
hunting season with a friend, and he picked up one of the empty
shell casings and put it in his pocket. 

Carlson said her son had told his friends that they had been
sighting rifles the night before, and that the shell casing fell
out of his pocket.

“There was no threat,” she said. “My child’s never been in a
fight at school. He was just being a boy and bragging because it’s
cool.”

The reporter, Joshua Vail, does a good job of tracking down the
school handbook, which states that the punishment for a minor
infraction is supposed to be detention, talking to the student
and/or parent notification. Punishment for carrying a weapon or
ammo is 186-day expulsion.

Except a spent shell is not ammo any more than ashes are
fireworks. Who’s the person in this story in need of an
education? 

free-range-kidsAnyway, if all this
sounds eerily familiar, perhaps you are recalling the 2008 case in
Winchendon, Mass., when Bradley Geslak, age 10, received a 5-day
suspension for bringing a rifle shell casing he got from a vet at
his town’s Memorial Day celebration. In that
incident, according to the local News
Telegram
:

The family said they were also told that the next step
might involve assigning a probation officer to
Bradley.

Ah, the wisdom of our elders: Treating kids as criminals when
there was zero intent and zero harm. That’s zero tolerance for
you.

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17-Year-Old Trading Genius Who "Made " $72 Million Actually Just "Made It All Up"

Yesterday, when we skeptically mocked the NY Mag’s Jessica Pressler coverage of Mohammed Islam, the 17-year-old wunderkind who “allegedly” made $72 million in the market by trading penny stocks, we covered the salient lies and told readers to “feel free to click on the NY Mag’s story about the young “multi-millionaire” – after all that was the whole point.” Sure enough, in the finest tradition of the New Republic’s Stephen Glass, the entire article was nothing more than one epic big clickbait fest.

Oh, did we mention: completely fabricated clickbait.

Because after the entire world learned that young trading whiz-kid Mohammed Islam had “made” $72 million, certainly including the IRS which would promptly come looking for the $36 or so million it was due, the alleged megatrader, who got just the wrong 15 minutes of fame, scrambled to set the record straight, and explained the instead of making money, he actually made nothing, he just made it all up: to wit: “Is there ANY figure? Have you invested and made returns at all? No. So it’s total fiction? Yes. I run an investment club at Stuy High which does only simulated trades.”

Well that clears it up.

Now all he needs is a newsletter and he can claim he is Investment Club 2.0.

For the full story we present the following interview with the NY Observer, where Islam confesses he is nothing but a paper trader.

New York Mag’s Boy Genius Investor Made It All Up 

Monday’s edition of New York magazine includes an irresistible story about a Stuyvesant High senior named Mohammed Islam who had made a fortune investing in the stock market. Reporter Jessica Pressler wrote regarding the precise number, “Though he is shy about the $72 million number, he confirmed his net worth is in the “’high eight figures.’” The New York Post followed up with a story of its own, with the fat figure playing a key role in the headline: “High school student scores $72M playing the stock market.”

And now it turns out, the real number is … zero.

In an exclusive interview with Mr. Islam and his friend Damir Tulemaganbetov, who also featured heavily in the New York story, the baby faced boys who dress in suits with tie clips came clean. Swept up in a tide of media adulation, they made the whole thing up.

Speaking at the offices of their newly hired crisis pr firm, 5WPR, and handled by a phalanx of four, including the lawyer Ed Mermelstein of RheemBell & Mermelstein, Mr. Islam told a story that will be familiar to just about any 12th grader—a fib turns into a lie turns into a rumor turns into a bunch of mainstream media stories and invitations to appear on CNBC.

Here’s how it happened.

Observer: What was your first contact with the New York magazine reporter?

Mohammed Islam: My friend’s father worked at New York magazine and he had the reporter contact me. Then she [Jessica Pressler] called me.

You seem to be quoted saying “eight figures.” That’s not true, is it?

No, it is not true.

Is there ANY figure? Have you invested and made returns at all?

No.

So it’s total fiction?

Yes.

Are you interested in investing? How did you get this reputation?

I run an investment club at Stuy High which does only simulated trades.

If you had been playing with real money, would you have done really well?

The simulated trades percentage was extremely high relative to the S&P.

Where did Jessica Pressler come up with the $72 million figure?

I honestly don’t know. The number’s a rumor.

She said ‘have you made $72 million’?

[I led her to believe] I had made even more than $72 million on the simulated trades.

At this point the PR reps jumped in with Law & Order style objections. A conference outside the room ensued. Back into the room came Mr. Islam.

All I can say is for the simulated trades, I was very successful. The returns were incredible and outperformed the S&P.

Damir, tell me where you fit into this.

Damir Tulemaganbetov: Well, I got excited by this whole trading thing and I said hey, let me get on board. I heard about this article coming out and Mohammed invited me and I met Jessica.

But you guys are pals outside of this?

We go to social gatherings and friends’ places.

Are you into stockpicking as well?

I haven’t been into it but I’m interested.

Mohammed, you’re from Queens and you go to this elite public high school. Is this a hobby of your parents as well or would you be the first person in your family to pursue high finance?

Mohammed Islam: In my immediate family, just me.

So what did your parents think when they’re reading that you’ve got $72 million?

Mohammed Islam: Honestly, my dad wanted to disown me. My mom basically said she’d never talk to me. Their morals are that if I lie about it and don’t own up to it then they can no longer trust me. … They knew it was false and they basically wanted to kill me and I haven’t spoken to them since.

You haven’t? Where did you sleep last night?

Mohammed Islam: At a friend’s house. But we didn’t sleep.

Damir Tulemaganbetov: We stayed awake all night. We’ve been checking out news all over the world.

Are your friends blowing up your phones?

Damir Tulemaganbetov: He had 297 unread messages and 190 LinkedIn. All the friends shared it.

Mohammed Islam: It was hyped up beyond belief.

Damir Tulemaganbetov: We were at CNBC. That’s why we’re dressed up. But we were there and literally in the building stressing out. We had 20 minutes. Then we three times asked them could we have 20 seconds to talk?

[The boys ended up cancelling the CNBC appearance.]

Where do you go from here?

Damir Tulemaganbetov: Socially, people will be mad about it. But we’re sorry. Especially to our parents. Like my dad would read this and be like ‘Oh My God’ because he’s a very humble man and I portrayed him like a bad father.

Mohammed Islam: At school, first things first. I am incredibly sorry for any misjudgment and any hurt I caused. The people I’m most sorry for is my parents. I did something where I can no longer gain their trust. I have one sister, two years younger, and we don’t really talk.

 

So that’s that. There was no $72 million, no “eight figures,” not even one figure. The story is already coming unglued as the commenters on New York’s site hammer the reporter for even thinking this was possible. New York has now altered its headline to back away from the $72 million figure but the story itself remains. Even if this working-class kid had somehow started with $100,000 as a high school freshman on day one at Stuy High, he’d have needed to average a compounded annualized return of something like 796% over the three years since. C’mon, man.

No one asked for my opinion, but I’m going to provide&nbsp
;it anyway, having sat with these kids for a good bit on a tough day. They got carried away. They’re not children. But they’re not quite adults, either, and at least Mr. Islam was literally quaking as we spoke. So yeah, they probably should have known better. But New York and the New York Post probably should have, as well. This story smelled fishy the instant it appeared and a quick dance with the calculator probably would have saved these young men—and a couple reporters—some embarrassment.




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Housing Permits Tumble Most Since January, Starts Miss

There goes another pillar of the sustainable growth meme. Housing Permits tumbled 5.2% MoM – the biggest drop since January (amid the Polar Vortex) to 1.035mm SAAR. Permits dropped in all regions except the Northeast. Housing Starts dropped 1.6% MoM to 1.028mm SAAR. The South was the only region with a rise in completions as the Northeast
was cut in half and both single- and multi-family residences slid.

Both Starts and Permits miss, with forward-looking permits signaling notable weakness ahead.

 

Here are starts broken down by single and multi-family.

 

And permits:





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Everyone Do The Safe-Haven Scramble

Always happy to look to the silver lining in markets, amid the total and utter carnage across global FX, commodity, and equity markets, there are a few markets benefiting from the scramble for a safe-haven. Gold (and Silver) prices, after dropping yesterday, has retraced all those losses and is up over $20 to $1215. Even more impressively, 10Y Treasury yields traded with a 2.00% handle (down 8-9bps today alone). Notably ultra-short-term US T-Bill yields have collapsed to zero with the Feb 2015s trading -0.5bps. Bunds are also bid (down 5bps) at fresh record-low yields of 56.6bps! While not a ‘safe-haven” per se, JPY is aggressively bid also as leverage and risk unwinds carry trades and squeezes USDJPY lower (briefly touching 115.50).

 

 

And Bund yields push to new record lows…

 

Charts: Bloomberg


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Taliban Storm Pakistani School, John Yoo Says CIA Torturers 'At Risk Legally', Where Have All the Fact Checkers Gone?: A.M. Links

  • Taliban
    gunmen attacked
    a Pakistani public school Tuesday morning,
    killing at least 126 people—mostly children and teens—at the
    military-run facility.
  • John Yoo, a primary author of the Bush-era Justice Department
    memos authorizing torture, gave a ‘whoa, if true’ to
    the Senate report on CIA interrogation
    practices
     and suggested that CIA agents may be “at
    risk legally.”
  • Google says death threats
    don’t trump
    copyright.
  • New York magazine’s tale of a boy-wonder investor
    worth $72 million turns out
    to have been completely false
    .
  • The Senate
    confirmed 37-year-old Vivek Murthy
    —founder of the pro-Obamacare
    group Doctors for America and an advocate for gun control—as
    surgeon general on Monday night, overcoming strong opposition from
    the National Rifle Association and Republican leaders.
  • Do workers suffer when big chain stores overtake small, indie
    retailers? Not
    as far as wages
    are concerned, Stanford researchers have
    found.
  • Pregnant women addicted to opioids in Tennessee say
    they’re avoiding prenatal care now that the state has
    criminalized giving birth
    to a baby that tests positive for
    drugs. One of the mothers that was arrested committed suicide in
    November.
  • Why are China’s largest state-owned property developers

    investing in
     affordable housing in Brooklyn?

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Ilya Somin on Why Obama's Immigration Order Is Constitutional

President Obama’s recent order deferring the
deportation of up to 5 million undocumented immigrants has led to
enormous controversy. Many, especially on the political right,
argue that it undermines the rule of law. The president, they
contend, is required to enforce federal law as written, not pick
and choose which violators to go after and which to exempt based on
policy considerations.

In reality, writes George Mason University law professor Ilya
Somin, Obama’s actions were well within the scope of executive
authority under the Constitution. In a world where authorities can
prosecute only a small fraction of lawbreakers, all presidents
inevitably make policy choices about which violations of federal
law to prosecute and which to ignore. Such choices are inevitably
affected by policy preferences. Obama’s decision to defer
deportation is in line with those of past presidents. And if any
lawbreakers deserve to benefit from prosecutorial discretion,
immigrants fleeing Third World poverty and oppression have a
particularly strong case. Moreover, at least under the original
meaning of the Constitution, the constitutionality of the
immigration laws that Obama has chosen not to enforce in some
cases, is itself suspect.

View this article.

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