Dec. 08 Merrill Morning Notes - MBA Grads: Leave Wall Street And Head For Engineering School

I have to give it David Rosenberg for this thought during what were some very dark times. There was no infrastructure boom, and the MBA grads certainly didn’t pick up any shovels, but the overall gist was spot on. Tech was the next hot thing, and Wall Street was going to lose it’s cachet.

Of course the next debacle seems to have started from the tech world, but I’m sure that having those same type of MBA grads there was just a coincidence.