14.04.2011 - 06:30 [ businessinsider.com ]

WHOOPS: AP Falls For Hoax Press Release Saying That GE Will Repay Government $3.8 Billion Tax Break

Original post: The AP just fell for a hoax press release, which claimed that GE would repay the government the $3.8 billion tax loss carryforward it received. The hoax was designed to correspond with last month‘s controversy originated by the New York Times about how GE, despite its huge profits, was paying no taxes.