The name of an award that Los Alamos National Bank has won was misspelled in a page 1 headline Wednesday. The headline should have read: Bankings First Baldrige.
The Tuesday front-page story Failed Online Loan Site Serves Up Web Lessons erred in saying that E-Loan has consistently missed revenue and earnings targets. It has missed analysts targets for only one quarter. In addition, Justin Hughes, a research analyst at Robertson Stephens, who said that LendingTree has not been profitable, was inaccurately interpreted as saying that Web lenders cannot be profitable.