Give It To Him Straight

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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?

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Goldman Sachs

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As you may have heard, things are not going so well for New York City* of late. Lower Manhattan and parts of Brooklyn have been without power for days. A hundred or so houses that once stood in Queens are now rubble. Staten Island has been destroyed. Those living uptown and in other areas that emerged relatively unscathed are dealing with survivor's guilt. In spite of all that, Mayor Bloomberg has declared that the Marathon, scheduled for Sunday will go on, a decision that has been met with considerable outrage by people who believe the considerable resources that go toward putting on the race should be put to more critical use elsewhere, that the city does not need the strain of putting up an additional 40,000 people, that the supposed economic benefit would be a drop in the bucket of what NYC needs, that the generators sitting in Central Park right now could be helping those sitting in darkness, and that considering dead bodies are still being pulled of the water, it's generally "too soon." One guy who'd beg to differ? Ed Koch. Twenty-five years out of his mayorship, he still gets these people and while the media would have you believe holding the marathon has caused an enormously heated debate, that's bull. New Yorkers want this and if Koch were still King? He'd be throwing a god damn parade come Sunday. “I’m telling you — and I think I’ve got pretty good judgment in this matter —that the people of New York City want the marathon to be run, and I applaud what the mayor is doing,” Koch told CNBC. “I think the media is creating a fuss that doesn’t exist, and that the people of New York City want this marathon,” he said on “Fast Money.” “If I were mayor, I would be doing exactly the same thing.” Koch, who served as mayor from 1978 to 1989, said that he faced the same decision when the city was near bankruptcy and still threw a ticker-tape parade for the Yankees following their World Series win. The parade came despite opposition from the media. “I said, ‘New York Times, you have your head screwed on wrong.’ What the people of New York City need is a celebration, something that will lift their spirits, and there’s nothing comparable to the marathon with respects to lifting the spirits of this city,” he said. NYC Marathon Must Go On, Ex-Mayor Koch Says [CNBC] *And the East Coast in general, Haiti, Jamaica and Cuba.

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