High school dropout becomes Goldman Sachs chairman(investors.com)
investors.com
High school dropout becomes Goldman Sachs chairman
http://www.investors.com/editorial/IBDArticles.asp?artsec=21&issue=20080109
4 comments
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 :)
To be able to rise, arguably, to the top position in Wall Street is incredible (especially for a high school dropout :)
James Cayne of Bear Stearns is a college dropout. He did okay (until recently).
Very inspiring indeed!
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.