May 04, 2012

Confessions of an Ivy League Frat Boy

I won't buy the book....But this is one of the most disgusting articles I've read.

Long, but worth the time if you feel like reading about out-of-control fraternities at ivy-league schools.

The scariest thing is that the people who participate in this greek frat system eventually go on to have high-powered corporate (and sometimes public) jobs.

"Nestled on a picturesque campus in tiny Hanover, New Hampshire, Dartmouth has produced a long list of celebrated alumni – among them two Treasury secretaries (Timothy Geithner, '83, and Henry Paulson Jr., '68), a Labor secretary (Robert Reich, '68) and a hefty sampling of the one percent (including the CEOs of GE, eBay and Freddie Mac, and the former chairman of the Carlyle Group). Many of these titans of industry are products of the fraternity culture: Billionaire hedge-fund manager Stephen Mandel, who chairs Dartmouth's board of trustees, was a brother in Psi Upsilon, the oldest fraternity on campus. Jeffery Immelt, the CEO of GE, was a Phi Delt, as were a number of other prominent trustees, among them Morgan Stanley senior adviser R. Bradford Evans, billionaire oilman Trevor Rees-Jones and venture capitalist William W. Helman IV. Hank Paulson belonged to Lohse's fraternity, Sigma Alpha Epsilon, or SAE."

Vomlet, anyone?

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