Social Engineering Gets Even More Stupid? And There Was No “Take”, Just a Ridiculous Lie.

“So that’s that. There was no $72 million, no eight figures, not even one figure. The story is already coming unglued as the commenters on New York’s site hammer the reporter for even thinking this was possible. New York has now altered its headline to back away from the $72 million figure but the story itself remains. Even if this working-class kid had somehow started with $100,000 as a high school freshman on day one at Stuy High, he’d have needed to average a compounded annualized return of something like 796 percent over the three years since. C’mon, man.”

Follow us: @newyorkobserver on Twitter | newyorkobserver on Facebook


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s