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ABC News president James Goldston excoriated staff Monday over Brian Ross' major error on a report about former National Security Adviser Michael Flynn, and announced that Ross, the network's chief investigative reporter, will no longer cover stories related to President Trump.
Goldston also told staffers that the network was conducting a "full review" of the error and its aftermath.
"The thing that compounded our mistake is that not only did we make a mistake, if we had then corrected ourselves right away, again -- we wouldn't be in this position. It would have been a very different story," he said. "But we ended up in the impossible situation where we had actually conflicting information that we said on air, which conflicted with the information that was online. And then it took us seven hours, eight hours to get our story straight. This is not acceptable. It's not acceptable. And we will all pay the price for a long time."