'Simply not good enough': Lawrence O'Donnell apologizes on air

MSNBC prime-time host Lawrence O'Donnell issued an on-air retraction and apology Wednesday for reporting an unverified single-sourced story that claimed Russian oligarchs were involved in President Trump's financial situation.

O'Donnell alleged Tuesday that Deutsche Bank had the president's tax returns, or those of an immediate family member, as well as "loan documents." According to O'Donnell, the documents proved that the co-signers on Trump's loan documents are "Russian billionaires close to Vladimir Putin."

O'Donnell went on to add that if the source was correct, it would explain some of the president's behavior toward Russia and Russian President Vladimir Putin.

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