I haven't heard of another story recently that reinforces the need to check and double check information before making financial decisions. On Monday an investment newsletter mistakenly sent out a story about United Airlines (UAL) filing for bankruptcy which caused the price of the stock to drop as worried investors banged out, "sell, sell, sell!" on their keyboards.

The only problem was that the bankruptcy story, passed off as a current event by the investment newsletter, actually happened back in 2002. Something that investors could have figured out if they took a minute to read the article or confirm information.

United denied the rumor that it was undergoing bankruptcy after it became clear that this old news had caused its stock price to drop Monday. Analysts expect United's stock to make a recover as the market opens on Tuesday, which could cause the investors who pulled out on Monday a loss if they haven't been paying attention to today's news.

Slightly more troubling is the fact that Income Securities Advisors Inc, the company who published the item sees nothing wrong with the action and doesn't plan to put any measures in place to prevent old news from being republished in the future.

Don't get me wrong, the losses on this one lie at the hands of investors who didn't adequately research a piece of information before acting on it, and I am sure some of them will suffer financially for their rashness. In another example of market forces, I'm sure that by not addressing the issue, Income Securities Advisors Inc's newsletter will be dealt with accordingly as readers look for more reliable sources of information. Don't forget a hot tip to sell stock should be given the same research that a hot tip to buy stock gets. Don't get burned by your own lack of ignorance.

If you bring me your computer and ask me to put in a new DVD burner but somehow I remove your hard drive and leave a screwdriver inside your computer, how would you respond to me asking you to pay for the "service" rendered? Wow! You can stop with the profanity it was only a hypothetical question. Now imagine that You've come to the General Hospital in Ohio to get your right leg amputated and we accidentally remove your left leg, and then had the audacity to bill you for not only the correct amputation but also for the mistaken one! You may be as surprised as me to know that only 23 states have rules against charging a patient for certain mistakes!

As I look at my state of residence there is nothing official to stop them from billing me for a medical error. Instead I am supposed to take comfort in the knowledge that they have adopted guidelines to deal with cases such as these. Unfortunately despite these wonderful guidelines the local hospital has in the recent past billed at least one individual for surgery on both of her knees, after initially operating on the wrong one. If nothing else, I can be assured that my insurance company will fight these charges with the same tenacity they fight legitimate ones. That's kind of comforting. . . not!

Mistakes of this kind are referred to by hospitals as "never events", a slightly ironic term since they seem to be happening rather often nowadays. Maybe we can lobby for better legislation and a name change to classify these occurrences as "never say never events". Before you initial your limb for surgery next time be sure to find out what mistakes, if any your state provides protection from.

Many parents are going to be unhappy when they open up their stimulus check in the coming weeks and find that the IRS didn't include their children. Despite a government push for No Child Left Behind, the IRS left 350,000 or more families behind when it comes to the economic stimulus package. The good news is that the IRS has identified the problem and is taking steps to get new checks out to those affected.

The glitch was caused by paper filers not marking a certain box and also by errors in two commercial tax preparation programs. These issues human and computer, led the IRS calculations to miss the children when calculating the rebate amounts. Thankfully affected families do not need to take any action to get the rest of their stimulus package, the IRS will be mailing the additional check out in July.

This is likely to be a bummer to many people and I can see why this is annoying. Unfortunately the old adage, "garbage in, garbage out," applies to rebate processing as well. If you filed on paper and didn't check the box, be happy you get a second check in July. If you used one of the affected programs, live with the wait or email the company and ask for your money back. In the end I'd just be happy the tax software didn't make a bigger error setting you up for an audit!