Krugman does the right thing

Matthew Hoy
By Matthew Hoy on October 3, 2002

At the bottom of today's column, New York Times columnist Paul Krugman acknowledges his error in depending on Salon's Jason Leopold and an e-mail of dubious origin that indicated that Army Secretary Thomas White was complicit in the accounting fraud at Enron.

In a column on Sept. 17, I wrote about evidence that Thomas White, the secretary of the Army, was well aware that the Enron division of which he was vice chairman before taking that position, Enron Energy Services, was deliberately and improperly concealing large financial losses. In that column I cited a February 2001 e-mail message that I said was written by Mr. White. Since then Mr. White has said that he does not recall writing such a message, and the authenticity of the message has been questioned. As long as the authenticity of the message remains in doubt, it should be considered unsubstantiated. I erred by citing it in my column.

Kudos to Krugman for doing the right thing.

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