World / Kenyan elections Errors Apparent: 2008's Worst Predictions magazine recalls year's worst punditry By Paul Stinson, Newser User Posted Dec 13, 2008 4:42 PM CST Copied Hundreds of people watch riot police drive past a local supermarket as they queue in Nairobi. The violence started in the days after the vote, stretching from Nairobi's shantytowns to the coast. (AP Photo/Karel Prinsloo) Presidential candidate Bloomberg? Nope. Russia invading the Ukraine? Hardly. Foreign Policy takes a look back at the worst predictions of the year: A stabilized banking system: Shortly after Henry Paulson forecast stability on Wall Street, Citigroup’s stock price dropped 75% and closed below $5 for the first time since 1994. Oil reaches $150-$200 per barrel: A renowned Goldman Sachs analyst predicted high oil prices only months before they dropped by more than $100. William Kristol predicts Clinton nomination: “Barack Obama is not going to beat Hillary Clinton in a single Democratic primary." Rumor has it, the New York Times is seeking to replace him. Kenyan election sets example for Africa: The Economist touted Kenya's election process, soon before it sparked fraud and rioting that left more than 800 dead. For the complete list, click here: (More Kenyan elections stories.) Report an error