December 2010

NEW YORK (TheStreet -- A Dec. 13 article, California's Strongest and Weakest Banks, erroneously stated that First Republic Bank(FRC) did not record a profit in the third-quarter of 2010. In fact, San Francisco-based First Republic reported third-quarter net income of $66.4 million and a 0.00% net charge-off ratio. TheStreet regrets the error. (Corrected Dec. 13)

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A Dec. 11 article, Dumbest of This Week's 5 Dumbest: All About the Benjamins, mistakenly identified the U.S. Mint as having misprinted $110 billion worth of new $100 bills. Rather, the U.S. Treasury was responsible for the misprinted bills. TheStreet regrets the error. (Corrected Dec. 13)

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In a Dec. 23 interactive graphic that explored some of the connections between firms and individuals in the Chinese reverse-merger world, the Pinnacle Fund was incorrectly identified as an early investor in Bodisen Biotech(BBCZ) and Universal Travel(UTA).

The fund, based in Plano, Texas, never held a position in Bodisen shares and had only a small, short-term stake in Universal Travel shares well after that company's reverse merger and stock listing in the U.S. TheStreet regrets the errors. (Corrected Dec. 27)

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