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How Financial Media Got It ALL Wrong |
Sept.28, 2008--Last year, Fortune Magazine rated AIG one of its 10 top stocks. Today? AIG is a ward of the state and its stock has fallen over 90%. In April this year, Forbes magazine declared "Merrill in is in fine shape." By this month, Merrill was in such bad shape, it had to sell out to Bank of America. In April, Business Week declared "Don't be wary of Lehman." Today, it's gone. Read here about how the media got it ALL wrong.
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