Thursday, September 18, 2008

Going Public?

Don't know about the Coldplay, but Roger Cohen has a good thought, that the public sphere should take advantage of the fact that all of our country's smartest college grads will suddenly not be going into investment banking.

Obama has already shown an ability to get young people to commit themselves to public service through rhetoric alone. If he were able to actually enhance salaries, recruiting, and resources, he would be in a position to really remake the federal government for the better.

2 comments:

HarborAce said...

i've heard a few argue that the recent classes of brash Ivy League grads are partially to blame for this collapse. they feel their instant mavens. what do you think about that? i'm not sure anyone really knows every reason this happened.

P. Dgy said...

I don't think they're a new phenomenon and one should expect them to do really risky things that look good on paper, just like anyone who's smart and inexperienced. Regulation just didn't keep up with their tricks.