On Wall St. In the 80s, the guys with MBA after their names were known as the ones who made loans to Mexico, Brazil and Argentina
No doubt. Some of my classmates were likely supporting it, but too early in their careers to have been the decision makers. Earning an MBA in that era led some to over-estimate their ability and wisdom. It was a relatively new and shiny credential in a heady time of yuppies and dinks. Ethics took a back seat for altogether too many. Some did good work with their knowledge; others made a mess for others to clean up. I've been out of it for years for a number of reasons and don't miss it.