Wikipedia's false promise


From time to time, I go to Wikipedia to check out some words and concepts. It seems that everything is embedded in the site.

But, I always double-check things. For example, a good source for this is Answers.com, which licenses its content from well-established content sources.

As for Wikipedia, the worldwide community has the power to make contributions. It's a powerful idea – but certainly subject to risks.

Well, according to a recent report from the AP, Wikipedia is now dealing with the problem. You see, a 24-year-old Wikipedian contributor said he was a professor of theology.

However, after some investigation, it was learned that he was actually a college drop-out.

So, now Wikipedia has a new rule. That is, if someone makes a claim about his or her credentials, there must be verification.

That certainly makes sense to me – and should help with the credibility of the site.

But, despite this, I'm still going to double-check things.

Tom Taulli is the author of various books, including the Complete M&A Handbook and the EDGAR-Online Guide to Decoding Financial Statements.

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