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by dba7dba 4415 days ago
> But this is more a criticism of K-12 education, not the wall street industry!

No matter if K-12 system is doing its job or not, Ivy League should not be sweeping up a their of Ivy League graduates.

> By suggesting that investment banks are "printing money," you've shown that you aren't well-informed on the industry.

Yes I apologize. I was just venting my frustration. But are the finance companies THAT important that they deserve a THIRD of graduates from Ivy League graduates? And what's the point of working with debts if your company can't compete on the global scene because your products are not as good as others'?

> Is someone being harmed?

I think so. I think the health America's economy and competitive is being harmed by Wall Street sweeping up a third of Ivy League graduates, not in a speed one can see easily but slowly happening for sure.

> But it's inaccurate to make a blanket statement about "wall street" and apply it to any finance-related career.

Again, I'm sorry if I seemed to be making blanket statement about all finance-related careers. But Wall Street (and finance industry in general) should not be sweeping up a THIRD of Ivy League graduates.

1 comments

Well other professions need to pay more then - unless you think rigidly planned economies are good idea?

"ah yes comrade brin" for you we have a nice job as third assistant boiler maintenance operative.

Amusingly, Comrade Brin's job in Soviet Russia was... as a central planner (economist)

http://usatoday30.usatoday.com/tech/news/2004-04-26-sergeys-...

I'm sure managers and recruiters in other professions would love to pay more. But they can't. Or they can't compete against Wall Street.
To quote Christine Keeler "well they would say that wouldn't they"

So you believe anything anyone with a vested interest tells you?