For the Worst Prediction of 2008.
5. "No! No! No! Bear Stearns is not in trouble." —Jim Cramer, CNBC commentator, Mar. 11, 2008
Five days later, JPMorgan Chase (JPM) took over Bear Stearns with government help, nearly wiping out shareholders. [Complete list]
“If [Hillary Clinton] gets a race against John Edwards and Barack Obama, she’s going to be the nominee. Gore is the only threat to her, then. … Barack Obama is not going to beat Hillary Clinton in a single Democratic primary. I’ll predict that right now.” —William Kristol, Fox News Sunday, Dec. 17, 2006 [Another list, some overlap]
"For all intents and purposes, McCain's campaign is over. The physicians have pulled up the sheet; the executors of the estate are taking over. Paying bills and winding down - not strategizing, organizing, and getting the message out - will be the order of the day," - Charlie Cook, National Journal, last July. [Still time to vote here]
To review predictions I highlighted last year at this time click here, here, and here.
More as I find 'em.
(It would be unfair for me to participate, since I have to endure how bad mine were.)
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