“It was completely wrong for me to have it on your show,” Daisey tells Glass on the program, “and that’s something I deeply regret.” He also expressed his regret to “the people who are listening, the audience of This American Life, who know that it is a journalism enterprise, if they feel betrayed.”

via Retracting “Mr. Daisey and the Apple Factory” | This American Life.

It’s hard to think of this as anything other than a massive failure by This American Life. UPDATE: especially considering Daisey’s prior admissions of fabrications and embellishments.

However, if there are a few things which can be learnt from this whole episode it’s that: