I could see if the guy had maybe not earned some medals he claimed he had, or if he was lower rank than he claimed, but he claimed to be a returning veteran and was never even in the army.
Maybe it's just me, but verifying his army background and veteran status would be the first thing I would check going with a story titled, "Returning veteran has few marketable skills"
Admitting they were wrong is nice, but that's a pretty big wrong that was easily avoidable by doing even a little checking.
This is usually a distinction without a difference, but when it comes to evaluating the standards and practices of a particular show, it helps to know who actually has oversight.
A real news outlet determines the truth before, optionally, looking for or fabricating facts to support it.
Now, what's a good synonym for "slut"?
Retraction: http://www.marketplace.org/topics/economy/commentary/returni...
Story about the fabriaction: http://jimromenesko.com/2012/02/02/marketplace-scolded-for-a...
I listen to Marketplace everyday, and I just donated to both groups because it takes a lot of integrity to admit when you're wrong.
EDIT: donated to This American Life as well as Marketplace