Link-syntax with title incorrect?

I have this since I’m using WP:

When I want to add a link I get a popupwindow where I can enter a
URL and a title.
The syntax becomes <a href="linktoothersite" title="Given title"></a> .
After saving the pages shows an empty spot where the link should
appear. I'm using the default editor. Tried WP Editor and made that
default, but it doesn't show up. Correct syntax should be IMHO
 <a href="linktoothersite">Given title</a> .

Now everytime I have to manually enter the title (or copy/paste it from the title=stuff).

What am I overlooking?

Update: I even can’t get this in this forum as I’m getting the empty spot and the second one is being translated to a link. 😉 Had to made code of it. 😉