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let's not forget Jeff Shero (Nightbyrd) after he came back from NYC, started the Austin Sun
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<p>I think his claim to fame ought to be as a founding father of The Rag. I loved the cartoons by Gilbert Shelton of the Fabulous Furry Freak Brothers fame and the psychedelic stuff by Kerry Awn and Jim Franklin [Franklin is dead now].</p>
<p>OK - I thought maybe we might want to get back to the original question on this thread.
It may not be fully related...but I read a very interesting story in the WSJ about that Societe Generale trader who lost 7 billion dollars on the trading desk. Turns out that he worked in the back office and was one of the chosen few who was allowed to move up to the trading desk. But he went to an unknown school and this was a black mark in a place that highly values elite school names. Apparently, SG covets graduates from schools equivalent to MIT and CalTech. Treats them like royalty. And everyone else like crap.
So this guy was apparently doing what he did to get the attention and favor of his managers. He felt inferior and needed to do something "special" to fit in. He was making big money at first. Then everything went south. The article mentioned a few guys at SB who committed suicide in the past few years.
Pretty ugly...and sad too.<br>
Of course, some of this type of culture exists here in the US too - in Investment Banking. So if your kid is gearing up to make it in this world, it absolutely pays to invest in an Ivy or MIT. No doubt about it. Nothing else will do though, so I'm not sure spending that money on an Emory or Wake Forest, or Lehigh will get you there.
Personally, I couldn't handle this type of environment. But some do just fine I guess. Usually not the kind of people I like to hang out with though...</p>