Write-Offs: 06.14.13
$$$Just how much do MBA interns make? More often than not, it’s pretty much what they will make when they graduate. Of course, intern pay can vary widely, though less because of the schools they come from but due largely to what industries and companies employ them. At Harvard, Stanford and most top business schools, the highest paid interns are in management consulting. MBA students in consulting pull down median base salaries of $10,500, considerably more than the $7,000 median overall. At Chicago Booth, the median was a bit higher at $8,000 but the highest paid intern at Booth remarkably made $25,300 a month last year in a consulting gig. The highest paid Kellogg intern last year earned $19,000 a month, also in consulting. A Columbia MBA last year scored an internship in investment banking that paid $20,000 a year, highest in the class. [Poets and Quants]
$$$Carl Icahn Could Drop Out Of Dell Deal [CNBC]
$$$IMF Urges Repeal of 'Ill-Designed' US Fiscal Cuts [Reuters]
$$$ Clearwater, Florida -- Police responded to the scene of a three-vehicle wreck Wednesday afternoon, where one driver reportedly punched a fire inspector and then burned a hole in the pavement trying to get away. [WTSP]
$$$Murdoch to Lose Wife No. 3 as Richest Plunge $16 Billion [Bloomberg]
$$$U.S. Presses Liechtenstein on Tax Havens [WSJ]
$$$ Jester wanted at Austrian hotel: An Austrian hotel is advertising for a modern-day court fool, who is communicative, extroverted, musical, creative and imaginative. Applicants are asked to bring — and play — their musical instrument during the job interview. Also welcome: creative costumes. The successful candidate will earn 1,400 euros — around $1,900 — a month. [AP]