Several weeks back, Michael Douglas appeared in public service announcement shot by the FBI, in which he tells people that while they may have been taken by his character in Wall Street, that it's important to remember that that was just a movie and in real life, insider trading is wrong. Next up among actors who think roles they portrayed on the big screen contributed to the financial crisis is Richard Gere. Glamorizing being a corporate raider who made enough money to buy a hooker is his personal cross to bear. It was the modern-day fairytale that captivated hundreds of millions of film fans the world over. But it seems Pretty Woman holds nothing but regrets for its leading man, Richard Gere. While promoting his new financial thriller Arbitrage recently, the 62-year-old shared his scorn for the feelgood 1990 chick flick, telling Woman’s Day, “It’s my least favourite thing.” Richard adds, “People ask me about that movie, but I’ve forgotten it. That was a silly romantic comedy. This is a much more serious movie that has some real cause and effect.” Incredibly, the grumpy star also claims his Pretty Womancharacter Edward Lewis helped contribute to the global financial crisis, as he glorified greedy and selfish Wall Street types. “It made those guys seem dashing, which was so wrong,” Richard explains. Related, what's it gonna take to smoke Vin Diesel out of his hole? It's pretty obvious it was around the time his turn as senior broker in Boiler Room premiered that Dick Fuld ramped up the shit on Lehman Brothers balance sheet that ultimately took the firm down. Richard Gere: Pretty Woman Was Rubbish [WD via Dealbook]

Tech is luring young MBAs at levels not seen since you know what.

Hugh Hefner has done the veteran reporter a solid.

Once upon a time, as in two years ago, Wall Street Journal foreign-affairs columnist Bret Stephens hired an intern from West Point who blew him away with her accomplishments and talent. When she wasn't performing "field exercises in which she kept a bullet proof vest on at all times, even while sleeping" she was writing "brilliantly" and was one of the most "self-effacing" people Stephens had ever met. Currently, the former intern is fighting the Taliban in Afghanistan and to this day, whenever Stephens thinks of her, he is awed and impressed, as most people would be. Unfortunately, he probably won't have the opportunity to hire another individual of her caliber, because approximately 99% of this woman's generation is made up of despicable low-life scumbags who exist to make Stephens sick. Take a guy Bret interviewed a couple months back. Kid had an "astonishingly high GPA from an Ivy League university and aspirations to write about Middle East politics." The two got to chatting about Suez Crisis of '56 and over the course of the chat it became apparent that this kid "didn't know who was the president of the United States in 1956. And he didn't know who succeeded that president." Know where that guy is now? In Bret Stephens's meat locker, as he well should be. And while Stephens hasn't had the opportunity to interview each and every member of the Class of 2012, he's doesn't have to in order to know what they're all about, which is being a bunch of degenerate jerk-offs who suck at their parents' teat because they can't get the jobs they don't deserve that aren't available because they are commies who voted for Obama. Sayth Stephens: Dear Class of 2012: Allow me to be the first one not to congratulate you. Through exertions that—let's be honest—were probably less than heroic, most of you have spent the last few years getting inflated grades in useless subjects in order to obtain a debased degree. Now you're entering a lousy economy, courtesy of the very president whom you, as freshmen, voted for with such enthusiasm. Please spare us the self-pity about how tough it is to look for a job while living with your parents. They're the ones who spent a fortune on your education only to get you back— return-to-sender, forwarding address unknown...If you're like [West Point] intern, please feel free to feel sorry for yourself. Just remember she doesn't. Unfortunately, dear graduates, chances are you're nothing like her. And don't you ever forget it, pieces of garbage. To read through your CVs, dear graduates, is to be assaulted by endless Advertisements for Myself. Here you are, 21 or 22 years old, claiming to have accomplished feats in past summer internships or at your school newspaper that would be hard to credit in a biography of Walter Lippmann or Ernie Pyle...In every generation there's a strong tendency for everyone to think like everyone else. But your generation has an especially bad case, because your mass conformism is masked by the appearance of mass nonconformism. It's a point I learned from my West Point intern, when I asked her what it was like to lead such a uniformed existence. Her answer stayed with me: Wearing a uniform, she said, helped her figure out what it was that really distinguished her as an individual. Now she's a second lieutenant, leading a life of meaning and honor, figuring out how to Think Different for the sake of a cause that counts. Not many of you will be able to follow in her precise footsteps, nor do you need to do so. But if you can just manage to tone down your egos, shape up your minds, and think unfashionable thoughts, you just might be able to do something worthy with your lives. And even get a job. Good luck! Stephens: To The Class Of 2012 [WSJ]

The D'Amore-McKim School of Business has accepted Kelly Bensimon of Real Housewives of New York and Bikini Book fame.