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Beware of the Gucci-wearing MBAs
In my book Charles Krauthammer is a brilliant guy. This quote from his March 9th column reflects some of his exceptional insight.
No commentsIndeed, one could perversely make the case that, if anything, the proliferation of overeducated, Gucci-wearing, smart-ass MBAs inventing ever more sophisticated and opaque mathematical models and debt instruments helped get us into this credit catastrophe in the first place.