Anacleto Rapping / Los Angeles Times
What happened: In a story called "Enough!" that aired on ABC's "20/20" and "Good Morning America" in March 2007, ABC News and then-correspondent John Stossel investigated whether ministers of several large congregations had used donations to support lavish lifestyles. The segment featured a 10-second video clip taken from a previously televised sermon that showed Crenshaw Christian Center founder Dr. Frederick K.C. Price saying: "I live in a 25-room mansion, I have my own $6-million yacht, I have my own private jet and I have my own helicopter and I have seven luxury automobiles." In reality, Price did not own any of those things: He was preaching about a hypothetical person who was rich but spiritually unsatisfied.
The apology: Though ABC News made a similar apology on air that year, issuing a public written apology was required as part of the legal settlement between ABC News and Price. "ABC News apologizes for any harm caused to you as a result of its broadcast of a video clip that ABC News stated was of you speaking about yourself when in fact you were talking about a hypothetical person," Kerry Smith of ABC News said in her statement to Price. "ABC News regrets that it did not conduct sufficient investigation of the clip after receiving it to establish its correct context. By presenting the footage out of context, ABC News misled its audience and failed to meet its own standards, which ABC deeply regrets.