New York Magazine fell hard for a story that was just too good to check.  A putative boy genius with the multiculturalist orgasm-inducing name of Mohammed Islam had made $72 million in the stock market.  The only problem was that he and his best friend made it all up.  Actually, the real problem was that the reporter, Jessica Pressler, and her editors believed the story. The New York Observer, a rival publication vying for the smart set audience in Gotham, managed to uncover the hoax in short order. Monday’s edition of New York magazine includes an irresistible story about a Stuyvesant High senior named Mohammed Islam who had made a fortune investing in the stock market. Reporter Jessica Pressler wrote regarding the precise number, “Though he is shy about the $72 million number, he confirmed his net worth is in the “’high eight figures.’” The New York Post followed up with a story of its own, with...(Read Full Post)