Obviously this does not come from NYU professor Nouriel Roubini, who’d never hold his students to such freaky ass rules. It, along with a bunch of other rules for “tomorrow’s business leaders,” is courtesy of Professor Scott Galloway, precipitated by a student who dared to walk into his class several minutes late. In case anyone was wondering if that, or pissing on the desk was okay, here’s your answer.
business school
NYU B-School Professor: FYI, You Can’t Burst Into Show Tunes, Urinate On The Desk, Or Practice Hair-Removal In My Class
By Bess LevinPhiladelphia SEC Chief Wants To Know Where You Went To Business School, And Who You Might’ve Slept With There
By Bess LevinAmong other things. Because it’s very likely that whoever you were sharing tips with back then, you’re still giving tips to today, in the form of material non-public information, according to Daniel Hawke, who is heading up a new team out of Philly “charged with cracking down on a variety of market abuses.” Team Hawke will be conducting “trader-based investigations rather than going security by security,” and if your boy from Wharton or the Jack Welch MBA institute gave you a hot tip he wasn’t supposed to, Hawke’s gonna find out, just like he’ll know about the profit you made from the info Bambi from Beamers stuck in your ear last night.
Much of the initial detective work that Hawke’s group is doing relies heavily on computers. The team cross-checks trading data on dozens of stocks with personal information about individual traders, such as where they went to business school or where they used to work.
For those of you running for cover to b-school for the next two years, you may see some familiar faces from Sunday afternoons from time to time. To stem the tide of financially ruinous behavior of its players, the NFL is sending players to classes at leading business schools. With 78% of ex-players going bankrupt within two years of retirement, the NFL wants its players to get financial advice from somebody other than the Fast Money crew (or Lenny Dykstra).
For Pro Athletes, Business School Is No Game [BusinessWeek]
