November 7th, 2003, 3:53 pm
QuoteOriginally posted by: Atlas23World Bank and IFC are much harder to get into than any investment bank. IMF, even harder. These organizations usually hire PhDs or MBAs from Harvard (or similar universities).You believe these organizations actually do something. But could you sell that idea to someone else?These organizations are propped up 100% on sales and image. Actually making money is hard. But surviving indefinitely on someone else's tab is even harder.If you are going to stand around drinking champagne at receptions in New York and Paris without ever opening your own wallet, you had better have enough letters after your name for the masses to assume you must be doing something worthwhile.MP