December 2010
NEW YORK (TheStreet -- A Dec. 13 article, California's Strongest and Weakest Banks, erroneously stated that First Republic Bank (FRC) - Get Report 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)
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
)
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
)
This article was written by a staff member of TheStreet.