Recently, there was a lot of idle speculation on the Internet about an accident involving a rare Porsche Carrera GT in Port Chester, N.Y. — for those outside the New York area, Port Chester neighbors Greenwich, Conn., home of a number of dealmakers.

The early rumors circulating on Autoblog, Dealbreaker and other blogs were mostly incorrect, according to a New York Post follow up.

The blogs had all indicated that the car was owned by a Wall Street dealmaker, which was accurate. It turns out dealmaker Robert Greenhill, the founder of boutique Greenhill & Co., was the owner, according to the Post.

However, the blogs detailed wild stores about how the one-in-1,500 Porsche was destroyed by a friend, who in turn rush ordered a replacement, which would have set him back $440,000. It turns out this detail was wildly inaccurate. Instead, the official story according to the Post is the car was destroyed by Christopher Numme, Greenhill’s mechanic, who was returning the car after completing service on it.

Even ahead of the Friday Post story, Autoblog noted the growing holes in the tale, and issued a retraction to its earlier posts. Nonetheless, Dealbreaker did not retract its misleading posts even in light of the Post story. Of course, Dealscape is almost surprised that the Post is more reliable than a blog. — Matthew Wurtzel

See story from The New York Post
See post from Autoblog
See post from Dealbreaker