The Wall Street Journal-20080126-Corrections - Amplifications
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Corrections & Amplifications
Paolo Pellegrini is a portfolio manager at Paulson & Co. and co- manager of the firm's credit funds. A page-one article Jan. 15 misspelled his name as Paulo Pelligrini.
(See: "Trader Made Billions on Subprime --- John Paulson Bet Big on Drop in Housing Values; Greenspan Gets a New Gig, Soros Does Lunch" -- WSJ Jan. 15, 2008)
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The market value of Russia's MICEX index was $1.057 trillion Tuesday, down about $160 billion from the end of 2007. A chart accompanying a page-one article Wednesday about market downturns around the world incorrectly gave the market value as $2.88 trillion, down $270 billion.
(See: "Fed Rate Cut Halts Market Free Fall, But Recession Fears Are Mounting --- Foreign Shares' Tumble Prompts Bernanke Call; Biggest Trim in 20 Years" -- WSJ Jan. 23, 2008)
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Fitch Ratings has downgraded Ambac Financial Group Inc.'s bond insurer rating to double-A from triple-A. The Credit Markets column Friday incorrectly said the rating had been lowered to single-A.
(See: "Credit Markets: Tax-Exempt Bonds Retreat On New Insurer Downgrade" -- WSJ Jan. 25, 2008)
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Sears Holding Corp.'s move to provide operating units with more autonomy would make it easier for Chairman Edward S. Lampert to spin off businesses, but he doesn't see the structure as enabling him to close businesses more easily, according to a person knowledgeable about Mr. Lampert's thinking. An article Jan. 19 about Sears's new structure incorrectly quoted this person as saying the structure would allow Mr. Lampert to close business units more easily.
(See: "Flagging Sears Plans Shakeup In Latest Bid at Turnaround" -- WSJ Jan. 19, 2008)
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York Snow Inc.'s Snowmax, a product added to water that aids in the making of artificial snow, is a protein derived from a bacteria. An article Wednesday on artificial snow making in Davos, Switzerland, incorrectly said the product was a bacteria. Also, a table accompanying the article giving examples of water use failed to include some qualifiers and converted several numbers incorrectly. A corrected table appears to the right.
(See: "Davos 2008: Water Hogs on the Ski Slopes --- Snow Cannons Drink Up As Attention Is Turned To Globe's Rising Thirst" -- WSJ Jan. 23, 2008)
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Sinvin Realty LLC appointed Michael Glanzberg a principal for the commercial real-estate brokerage. A Who's News item Friday incorrectly referred to the company as Sinvin Realty Corp. and as a real-estate adviser, and said Mr. Glanzberg would remain a managing director.
(See: "Who's News: Noted..." -- WSJ Jan. 25, 2008)
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Lobbyists for the United Arab Emirates have put together a political alliance with U.S. Jewish groups, including the American Jewish Committee. A page-one article Friday on sovereign wealth funds incorrectly identified the group as the American Jewish Congress.
(See: "Lobbyists Smoothed the Way For a Spate of Foreign Deals" -- WSJ Jan. 25, 2008)
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