<p>^Of course. It was the MBAs that caused this crisis, not the PhDs </p>
<p>MBAs are stupid. Everybody has always known that b school is for b students. Sure, b schools gotten a lot tougher in the past 10 years, but most of the morons in charge got in when you just needed a pulse. Look at George W Bush. He has a Harvard MBA; think he understands the problem with VaR analysis for risk management? Of course not. I know so many 40+ yr old MBAs who said they barely graduated from college and hate math. </p>
<p>Again, Nassim Taleb predicted this crisis would be caused by brain dead MBA students and he was right. </p>
<p>I don’t expect anything to change. Dumb and good looking plus good networking will always beat brilliant, ugly and socially awkward. </p>
<p>Hopefully I get into HBS.</p>