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Campus Media Response: Traders, not Traitors

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Campus Media Response: Traders, not Traitors

Writing for The Harvard Crimson, Ms. Sandra Korn points to an interesting phenomenon. A large proportion of Harvard’s recent graduates have chosen to pursue careers in finance such as investment banking. This is no doubt due partly to the impressive salaries that such careers often provide. The author proceeds to scold these graduates for disregarding […]

Rhodes Scholars take the Road to Wall Street

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Rhodes Scholars take the Road to Wall Street

Elliot Gerson, secretary of the Rhodes trust, points to an interesting trend: In the past thirty or so years, Rhodes Scholars have disproportionately chosen to go into Wall Street careers. He writes: “Only three American Rhodes scholars in the 1970s (out of 320) went directly into business from Oxford; by the late 1980s the number […]

A Hero Speaks Up for Hedge Funds

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A Hero Speaks Up for Hedge Funds

In the past months, Washington has used its pull over and over to force businessmen to buy into its programs. From cornering banks into accepting TARP money to firing GM’s CEO to insisting that AIG employees return their contractually guaranteed retention bonus—Washington has demanded and businessmen have acquiesced. So it has been with Washington’s latest […]

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The Next Hot Career Choice: Self-Immolation

A recent article in the New York Times (“Big paycheck or service? Students put to the test“) describes a growing trend among elite universities to push students towards careers in public service. This encouragement takes various forms, from the offering of “reflection seminars” with the stated goal of directing students away from corporate jobs, to […]