If enough members of the media say something, does that eventually cause it to become a “fact,” regardless of whether it is based in reality or not?
On Monday, the L.A. Times’ Technology Blog “broke” the news that the SEC had joined Twitter (“SEC tweets: Fraud cops join Twitter”). The L.A. Times reported that among the steps that SEC Chairman Mary Schapiro was implementing as part of her get-tough stance at the agency, “the SEC also is trying to make itself more transparent. To that end, the agency is now on Twitter… It’s all part of what Schapiro, three months into the job, is doing to help repair the agency’s tattered image as a watchdog.”
