“Last night on this show I discussed information that wasn’t ready for reporting,” O’Donnell said. “I repeated statements a single source told me about the president’s finances and loan documents with Deutsche Bank. Saying ‘if true’ as I discussed the information was not good enough. I did not go through the rigorous verification and standards process here at MSNBC before repeating what I heard from my source. Had it gone through that process I would not have been permitted to report it. I should not have said it on air or posted it on Twitter. I was wrong to do so. This afternoon, attorneys for the president sent us a letter asserting the story is false. They demanded a retraction. Tonight we are retracting the story. We don’t know whether the information is inaccurate. But the fact is, we do know it wasn’t ready for broadcast, and for that I apologize.”