Every Cloud Has a Silver Lining
Ok… so as more folks go into foreclosure (I always have to put this in… LOL) and the news of bailout salary caps trickles or more likely barrels through the Ivy League Halls, we are already seeing some pleasant “surprises” or anticipated consequential behavior. The top minds at our top schools, and our true national treasure, may actually choose livelihoods that make them happy and improve the quality of lives for America and the rest of the world.
Until now, as reported in the New York Times yesterday if you adjusted academic performance and compared graduating students from Harvard for the past 50 years, those that went on to Wall Street made a whopping 300% more than their counter-parts! Well those days are officially over! So now, maybe we can and will deploy these top minds into the real business of America: making her stronger, leaner, and better. I know I am not alone here… even the President of Harvard, Drew Faust, just last year admonished the graduating class to follow their passions and dreams and not their wallets. Ironically, those that heeded her wise advice will likely stand better in this new post 20th Century economy… where small, creative and passionate may truly be beautiful.