In the latest high-profile instance of the Leftmedia peddling anti-Trump fake news, MSNBC host Lawrence O'Donnell claimed Tuesday evening on Rachel Maddow’s show that he had a new Trump-colluded-with-Russia bombshell. O'Donnell breathlessly reported that he had information revealing that President Donald Trump had obtained loans cosigned by Russian oligarchs. Wow, finally! O'Donnell has the smoking gun behind the whole Russia-collusion conspiracy. As O'Donnell bloviated, “That would explain every kind word Donald Trump has ever said about Russia and Vladimir Putin.” Except for the fact that O'Donnell’s “information” was phony hearsay.

Trump was quick to respond to the slanderous claim, as his personal attorney sent NBC a letter demanding an immediate retraction of the report. “These statements are false and defamatory, and extremely damaging,” wrote Trump’s lawyer, Charles Harder. He then demanded that O'Donnell and NBC “immediately and prominently retract, correct and apologize for the aforementioned false and defamatory statements.”

On Wednesday, NBC capitulated. O'Donnell ruefully admitted on air, “Last night, I made an error in judgment by reporting an item about the president’s finances that didn’t go through our rigorous verification and standards process. I shouldn’t have reported it and I was wrong to discuss it on the air.” O'Donnell then offered this back-handed apology: “We don’t know whether the information is inaccurate. The fact is we do know it wasn’t ready for broadcast, and for that I apologize.”

Trump’s statement following this last Leftmedia attack perfectly sums up why so many Americans are fed up and have lost all trust in the mainstream media: “The totally inaccurate reporting by Lawrence O'Donnell, for which he has been forced by NBC to apologize, is NO DIFFERENT than the horrible, corrupt and fraudulent Fake News that I (and many millions of GREAT supporters) have had to put up with for years. So bad for the USA!” Indeed, Trump was also right last year when he called Fake News and the Leftmedia’s gross bias “the true enemy of the people.”