Princeton


Apparently the above is the second in a series.

Gang, something big has come up this morning and we need to discuss it right now. Don’t want to scare anyone but also don’t want to minimize the enormity of this news so let’s just get right to it. Wall Street has been keeping a secret. Look around at your colleagues this morning. The ones who attended schools like Yale, Princeton and Harvard and played sports like lacrosse and squash and use the word ‘summer’ as a verb and describe the color red as Nantucket red and argue the HJs don’t count if you give them to a guy whose named ends in IV and get aroused at the mere thought of an ACK sticker? They might have had an easier time breaking into the industry than those who graduated from lower ranked universities and did not get their WASP on. Yes, really.

After you’ve picked your jaws up off the floor, you’re presumably going to want to fight us on this and shout “It can’t be!” and “You lie!” Sorry to say it, pumpkins, it’s the truth. But don’t take our word for it- someone actually did a study on the shocking phenomenon. Continue reading »

The latest issue of New York contains a lengthy profile of Paul Kruman entitled “What’s Left of the Left: Paul Krugman’s Lonely crusade.” Writer Benjamin Wallace-Wells examines the Nobel Prize-winning economist’s position as “the leading exponent of a kind of liberal purism” (played out in his column for the Times and his blog, The Conscience of a Liberal); few peers or policymakers wholly agree with Krugman’s stance, making him a very “lonely” man (save for his commenters). And it’s not just in his professional life that Krugs lacks pals, Wallace-Wells tells us, but, heartbreakingly, in his personal life as well. Continue reading »

And he’s had it up to here with people who do. You’re on notice, Ben Bernanke. Continue reading »

Presented without comment. Continue reading »

The Daily Princetonian is running a very exciting 3-part series on “careers in investment banking and consulting.” The first article ran earlier this week. The topic was bull shit. Specifically the bull shit lies college students tell to make them feel better about their life choices.

Such as:

“Money is an attractive factor, but it’s not the real reason people go into an investment bank,” said Rebecca Yu ’11, a physics concentrator who applied for an internship at Goldman Sachs this summer. “I think — at least, I hope — that people do it because they’re genuinely interested in [investment banking].”

Continue reading »