"... of my class of 1400 graduates from Yale, forty percent took jobs in finance."
This reminds me of an interview with the President of Iceland, where they let their megabanks fail.
Speaking of the downside of having a huge banking sector, he said "... since then you have seen a great growth period in the Icelandic IT sector, the high-tech sector, the manufacturing sector, because they could suddenly get the engineers, the mathematicians, the computer scientists."
This reminds me of an interview with the President of Iceland, where they let their megabanks fail.
Speaking of the downside of having a huge banking sector, he said "... since then you have seen a great growth period in the Icelandic IT sector, the high-tech sector, the manufacturing sector, because they could suddenly get the engineers, the mathematicians, the computer scientists."
Really interesting interview. http://www.businessinsider.com/olafur-ragnur-grimsson-icelan...