Reflecting later on the moment, Cockburn wrote: “Since becoming a journalist, I had often heard the advice ‘to believe nothing until it has been officially denied.’ But despite this, even the ominous blandness of Mr. Lamont did not shake me into full awareness of what was going on.
Excerpt from “1929” by Sorkin describing one journalist’s remembrance from October 24 when a financial institution head tried to pan the crumbling market as ‘technical blip and not a fundamental issue’.
I don’t think I’ve previously heard the saying ‘to not believe anything until it’s been officially denied’ l, but I can see it being very appropriate to certain circumstances. :)