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MONDAY, NOVEMBER 23, 2009
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 OPINION 
5

Magna Cum Fraud: Top Schools for Scoundrels

People behind financial crisis went to same universities

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(Newser) – Many of the bigwigs involved in the financial crisis went to the same few elite schools, notes Joe Weisenthal in Business Insider. Maybe, he writes, when the crisis begins to fade, we’ll think twice about having another Harvardian or MIT grad running things. Among the offending institutions:

  • New York University: Ex-Lehman CEO Dick Fuld, ex-Lehman CFO Erin Callan, Rep. Charlie Rangel, investor Carl Icahn, former Fed boss Alan Greenspan. Grade: D-

  • Dartmouth College: Treasury chief Tim Geithner, ex-Treasury chief Henry Paulson, ex-AOL CEO Ron Grant. B
  • MIT: Ex-Merrill CEO John Thain, Fed boss Ben Bernanke, Obama adviser Larry Summers, Ex-HP CEO Carly Fiorina. C
  • Harvard University: George W. Bush, Henry Paulson, ex-Merrill CEOs John Thain and Stan O’Neal, GM boss Rick Wagoner, Rep. Barney Frank, Enron’s Jeff Skilling. F+
For the full list, click the link below.

Obama adviser Lawrence Summers attended MIT.
Obama adviser Lawrence Summers attended MIT.   (AP Photo/Virginia Mayo)
In this photo provided by the Harvard Business School, former Treasury Secretary Henry Paulson speaks in Cambridge, MA, Friday, May 4, 2007.
In this photo provided by the Harvard Business School, former Treasury Secretary Henry Paulson speaks in Cambridge, MA, Friday, May 4, 2007.   (AP Photo/Harvard Business School, Stuart Cahill)
Former Merrill Lynch Chairman and CEO John Thain attended MIT.
Former Merrill Lynch Chairman and CEO John Thain attended MIT.   (AP Photos/Bebeto Matthews)
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Bryanw55
Mar 24, 09 3:59 PM CDT
They did exactly as they were trained to do. This was not an unfortunate accident. http://www.rollingstone.com/politics/story/26793903/the_big_takeover/ Reply
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northeast
Mar 24, 09 7:10 PM CDT
Yeah, I like reading a magazine that can trash "manufactured consumerism from corporate interests" in an article, then give four stars to the newest Jonas Bros. offering less than twenty pages later.
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Derni
Mar 24, 09 9:35 PM CDT
Sociopaths are attracted to business and other careerts where they can act ontheir dark impulses Reply
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Bryanw55
Mar 25, 09 4:00 PM CDT
Did you read the article, northeast. Do you have an argument against it's premise, or do you just want to ad hominem hominem hominem? Reply
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radnip
Mar 26, 09 6:34 PM CDT
Anyone ever go to business school or pre-business? I had saw some business students in my econ classes and I must say they're the slimiest students I've ever seen. They were perfectly willing to cheat, sabotage, steal, and do whatever was required to finish their classes, get their degrees and get their 6-fiigure jobs. Reply
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