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18 Sep 2008 09:54 am
Pssst!
I've got a stock tip for you. Trust financial mags the way you would anything Sarah Palin says:
In December, Fortune magazine admitted it had been remiss naming insurance giant AIG one of its "10 Stocks To Buy Now"
before a yearlong 18 percent decline. "We... didn't expect [the]
mortgage unit to be such an albatross," editors wrote. To correct the
error, the magazine had a fresh list of "The Best Stocks For 2008" — including Merrill Lynch.
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