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Back when I was a financial journalist at Reuters, it was always our policy not to report on rumors because we didn't want to affect the market by peddling false stories, but if the market, or a particular stock, was being helped or hurt by a rumor, we could report the rumor as a reason for that movement.

The point is, as a result of this background, I have always been reticent about publishing any unconfirmed rumors, and so I haven't posted anything on the reports about a damaging tape to emerge of Michelle Obama. As far as I'm concerned, the tape doesn't exist until I see it or it's confirmed by a reputable source.

But if you're still thinking that the tape might exist, I strongly advise you to read Dave Weigel's exhaustive case for why it's likely bogus.