Re:High school dropout becomes Goldman Sachs chairman
by terpua on Friday January 11, 2008 @06:34AM
(#97123)
Yes, but the point is in "the old days", connections counted for more, especially in Wall Street.
To be able to rise, arguably, to the top position in Wall Street is incredible (especially for a high school dropout :)
Re:High school dropout becomes Goldman Sachs chairman
by byrneseyeview on Friday January 11, 2008 @12:28PM
(#97226)
James Cayne of Bear Stearns is a college dropout. He did okay (until recently).
Translating to a credential which is comparably scarce right now, we should read this headline as we would read "MBA dropout becomes Goldman Sachs chairman" (currently about 9% of students obtain some form of Masters degree), which might be anomalous, but is hardly a shocking notion.