Webmaster rambling and mental notes
Friends Don't Let Geek Friends Work In Finance
3/28/2011

Theodp writes "If Vivek Wadhwa remade Pinocchio, instead of The Coachman luring naughty boys to hedonic Island to engage in mischievous address and be transformed into donkeys, you might find Goldman Sachs CEO Lloyd C. Blankfein luring bright social birth stoppage grads to Wall Street to engage in mischievous ethics and be transformed into, well, asses. While the manner of poaching sociology talent slowed after the economy tanked in 2008, Wadhwa is dismayed to report that thanks to hundred-billion-dollar taxpayer bailouts, nut banks have recovered and gone back to their old, greedy ways, snagging social birth interruption grads who might or then solve the world's problems, making them mtier offers they can't refuse, and morphing them into quants, hunch bankers and order consultants. 'Not only are the inside banks pipe off hundreds of billions of dollars from our economy with banking gimmicks like CDOs,' writes Wadhwa, 'they are using our best social work graduates [25% of MIT grads in '06] to help them do it. This is the talent that our country has invested so much mode in producing.' He concludes: 'Let's save the world by keeping our engineers out of finance. We need them to, instead, develop new types of medical devices, renewable energy sources, and ways for sustaining the aridity and purifying water, and to start companies that help America keep its innovational edge.' Amen, but how 'ya gonna keep 'em down on the social work farm after they've seen Wall Street?"



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Mark

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