Already back in ’09, Jon Stewart was seriously discouraged about the nation’s anti-MBA-grad defense capability. The MBA brigade, equipped by Harvard, Columbia, Wharton, Stanford, and Northwestern with the latest weaponry, launches wave after wave of attacks, year after year, against American suckers like you and me who haven’t learned high-level market-craft. There’s really nothing we can do.
It’s gotten so bad lately, with all the MBA insider traders, that some of their degree-granting institutions have begun to issue public statements.
“These are serious allegations, which if proved true are of great concern to me as a teacher, as a dean, and as someone who is dedicated to restoring people’s trust in business leaders,” said [the dean of the Harvard business school] “We try to do all we can at HBS to convey the importance of integrity and accountability to our students and will keep striving to do more.”
Yadda yadda. He’s talking about yet another insider trader his school trained.
[D]uring his first year at Harvard, [Samir] Barai would have taken the required course ”Decision Making and Ethical Values,” that had been put into HBS’ curriculum eight years earlier. The module offered students an ethical framework to use as a guide for making decisions and using sound judgment… The lessons from that class, including several case studies on ethics, must have eluded him.
One indignant B-school professor, reflecting on all the criminal cases, complains,”People assume that you’re somehow flawed if you go to business school.”
One thing Harvard’s new ethics-oriented dean might do is ask himself what his own professors are modeling for their students. Harvard’s business school, after all, spawned the notorious Monitor Group.
October 22nd, 2011 at 7:45AM
[…] Then how did so many of your only recently greatly celebrated alumni (start with Raj Rajaratnam) learn it? This student should glance over the Wharton rap sheet. Short version: It’s long. […]