University of Chicago's Graduate School of Business which, annoyingly, doesn't have a name, held a conference call "chat" with prospective students this morning. One guy asked "How would you consider my application given I have a 2.0 undergrad? Do I have a shot?" The limp-wristed answer from the admissions office was, "Well, that's hard to say...maybe you're strong in other areas...I'm hesitant to say because of unknown variables," blah blah blah. Kind, but not helpful to 2.0 Boy. Since you people fancy yourselves as experts on all things b-school, what do you think? Does Jimmy Cayne have a better shot of being named the new chairman of the Federal Reserve? Or, for those who regard anything but HBS or Wharton on par with University of Phoenix's Business School, does a 2.0 = this thing is in the bag?