MBAs Confront a Savage Job Market

Business Week reports:

Adam Rosenberg did everything right. He got into a good school. He landed a great internship. He was even vice-president of two MBA clubs and a graduate teaching fellow. But when it came time for companies to hire this year, the 2009 graduate of New York University's Stern School of Business (Stern Full-Time MBA Profile) was surprised to find out how little it all mattered. Says the aspiring real estate asset manager, now seeking employment: "I had to accept the fact that I was going to graduate from a top 10 business school without that job."

No word from President Obama on this one.