(10-15-2026 09:00 AM)Redwingtom Wrote:  

(10-15-2026 08:19 AM)VA49er Wrote:  

(10-15-2026 08:16 AM)Redwingtom Wrote:  I guess no one noticed, but ABC issued a correction and a revised story two days later, on October 9th. As legitimate news agencies normally do.

Quote:Editor’s Note: CORRECTION: A version of this story published on Oct. 7 contained errors in the description of certain company investments, government contracts and event chronologies. After subsequent reporting, this version contains corrected information and additional context regarding some of those investments, contracts and events.

President donald trump and defense contractor Anduril Industries earlier this week announced a $6.6 billion investment to create a state-of-the-art shipyard in Maryland to manufacture components for Virginia-class submarines.

While the project was welcomed by many, it comes amid concerns raised by Congressional Democrats about defense companies that have received investments from a venture capital firm where donald trump jr. is a partner.

1789 Capital — which lists donald trump jr. as one of six partners along with three founders – invested $50 million into Anduril Industries as part of a larger $2.5 billion funding round last year, according to the defense contractor's founder.

The investment, however, marked a relatively small stake in Anduril, which has been valued at over $60 billion. A spokesperson for 1789 Capital said that investment decisions at the fund are made by a three-person committee, which does not include trump jr.

“don jr. has no ability to decide any investments at this fund,” a spokesperson for 1789 Capital told ABC News.

But Congressional Democrats have argued that Anduril’s support from 1789 Capital is the latest example of trump jr.’s connection to companies whose success is tied to government contracts.

“With don jr.’s new leadership role, 1789 Capital has developed an uncanny ability to identify companies that are about to receive massive influxes of cash from the trump administration or to benefit from significant changes in federal policies and regulations. They say there is no such thing as a sure thing in investing, but this is about as close as you can get,” Rep. Jamie Raskin, the ranking member of the House Judiciary Committee, wrote in a letter to the company in August.

Attorneys for 1789 Capital have pushed back on that assertion and argued that “political association is not a substitute for evidence.”

“As you and your colleagues very well know, such associations are commonplace throughout the financial industry and across party lines, and their existence says nothing about the propriety of any particular investment or government action at issue here,” they wrote in a letter to Raskin last month.

New shipyard announced amid earlier Democratic concerns about potential conflicts of interest

As you said, "I guess no one noticed." No one ever notices the retractions, that's SOP for the media, on purpose.

Not sure what else you expect them to do. And no, it's hardly on purpose. Fox is short many hundreds of millions of dollars due to "on purpose." ABC clearly wants to avoid that.

Well, we ALL know it's on purpose. To suggest otherwise is foolish. Sure, some get caught, but the vast majority don't. It's a cost of doing business. If you haven't noticed, the retractions are never on the front page in bold lettering.