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Time magazine Managing Editor Walter Isaacson's statement on CNN's Tailwind coverage

July 2, 1998
Web posted at: 2:29 p.m. EDT (1429 GMT)

Like CNN, Time is retracting the story and apologizing for running it. Based on our own investigation and that conducted by CNN, we have concluded that the facts simply do not support the allegations that were made. A piece saying so will be in Monday's issue. We respect the serious and forthright way that CNN has re-examined this story, and we look forward to continuing to collaborate with them. We have learned a lot from the mistakes made, and we will try to avoid them in the future.

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