Last week, British mag The Business reported that Rupert Murdoch's $5 billion takeover of Dow Jones was a done deal, save for some minor squabbles, probably over which font size to use for the press release. As Richard Siklos points out while making his slow exit from the Times, the report carried the byline of Business EIC Andrew Neil. The report was also terribly wrong.

Not that Neil is admitting it. Though he didn't get his info from Rupert himself, Neil is standing by his report 100 percent. "I wouldn’t have put my name on it if it wasn’t true," he says from London's Ritz. Meanwhile, reports the Times: "Dow Jones Continues Hunt for an Alternative Bid."