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Sunday, July 1, 2007
Meanwhile ...
Topic: Newsmax
NewsMax reprints a June 30 Dick Morris column in which he misrepresents Nancy Pelosi's ownership of stock in "Alcatel-Lucent (formerly Alcatel SA), a company with extensive investments in Iran and Sudan — nations that sponsor terrorism." In fact, as Media Matters details, Pelosi never owned Alcatel SA stock; Pelosi purchased Lucent stock in 1999, and Lucent merged with Alcatel in 2006. Further, Morris never mentions that Lucent is one of the stock market's most widely held stocks, nor does he single out Republicans who also own it.

Posted by Terry K. at 12:24 PM EDT

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