Dumb Headline of the Day: Associated Press on OSTK

April 6, 2010 9:15am by Barry Ritholtz

Speaking of Deep Capture: This has to be some of the worst business reporting/headline I have ever seen:

Overstock’s brash CEO delivers 1st annual profit

If you want to know what the firm’s actual P&L is like, I suggest you read people who can perform basic addition and subtraction.

Try these instead:

• Overstock.com’s New 10-K Report Reveals Management Deceptions, Major Internal Control Problems, and Zero Quality Earnings

• The Utah Newspapers Fail — Again

Associated Press and Salt Lake Tribune = Fail.

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