One of the most annoying facets of the New York Times is its predilection for publishing stories that sound like a telethon for the overpriviliged .
Seriously. This guy goes to a class reunion of Harvard Business School, and the whining of overpaid parasites is deafening:
My first, charmed week as a student at Harvard Business School, late in the summer of 2001, felt like a halcyon time for capitalism. AOL Time Warner, Yahoo and Napster were benevolently connecting the world. Enron and WorldCom were bringing innovation to hidebound industries. President George W. Bush — an H.B.S. graduate himself — had promised to deliver progress and prosperity with businesslike efficiency.
The next few years would prove how little we (and Washington and much of corporate America) really understood about the economy and the world. But at the time, for the 895 first-years preparing ourselves for business moguldom, what really excited us was our good luck. A Harvard M.B.A. seemed like a winning lottery ticket, a gilded highway to world-changing influence, fantastic wealth and — if those self-satisfied portraits that lined the hallways were any indication — a lifetime of deeply meaningful work.
So it came as a bit of a shock, when I attended my 15th reunion last summer, to learn how many of my former classmates weren’t overjoyed by their professional lives — in fact, they were miserable. I heard about one fellow alum who had run a large hedge fund until being sued by investors (who also happened to be the fund manager’s relatives). Another person had risen to a senior role inside one of the nation’s most prestigious companies before being savagely pushed out by corporate politics. Another had learned in the maternity ward that her firm was being stolen by a conniving partner.
So, we have a guy who made his fortune by relying on relatives, another one who was paid obscene amounts as senior management, and someone who partnered with someone who sounds like a Harvard Business School graduate.
One quote, “It was insanely stressful work, done among people he didn’t particularly like. He earned about $1.2 million a year and hated going to the office,” sticks in my head.
This guy is 15 years into a career, and assuming that his $1.2 million a year is the product of 10% raises, he’s earned $10 million over the past 15 years.
Seriously, if Aliens had abducted all of them from their reunion, and transported them to be galley slaves on the planet Koozebane, the world would be a better place.
Note to self: Start a GoFundMe for an alien beacon at the next class reunion.