The Latest Scholastic Research Finding: "Tiger Killed Wall Street"

Yes, the golfer committed some indiscretions in his personal life. And that is something that should concern him and his family, not centers of high frequency finance or seats of higher learning.

The question is: Need we blow it up and mathematically or statistically "extrapolate" it to Wall Street?

I can understand some good for nothing CEOs hiding their inabilities to run companies blaming outsiders or invisible hands for their own inadequacies. And that was how we landed in the present economic soup.

But for so-called higher seats of learning to indulge in gossipy misadventures under the guise of "financial research", I can only pity the students who learn under those geniuses.

To tell Americans that Tiger's predicament and undoing felled the stocks of some companies is absolute ignorance and is tantamount to insulting the collective intelligence of this great nation that has been in the forefront of business education.

The so called "Scholars", even if the degrees appended to their names extend all the way to Mars, should not have indulged in the cover up of grossly mismanaged companies by citing the personal failings of a sportsman as the reason.

For making such studies based on extension of emotional and hormonal intangibles into business and finance:

1. All the researchers in those studies should have been saints who have not set their eyes on even one woman.

2. All the CEOs whose companies were the subject of such studies should have been angels who never had any amorous or sexual experience.

Don't tell me all of us are Jesus Christs and Dalai Lamas.

If the stocks of such companies went down, scholars should have looked for "management failures" rather than the endocrinological functions of sports stars and celebrities.

And if a celebrity or sports star can bring down the stock prices of some companies, then I should think twice before associating myself with those "fragile companies" - be it buying their stocks on the Wall Street or buying their products in the stores!

The truth is that our seats of learning have become multi-billion dollar farces that don't teach our children the proper lessons and give them adequate training with the result that they become ill-equipped for jobs.

Most researches in this country are done on flimsy "excuses" and some are just instituted to grab money from philanthropic grantors.

And many a medical research involve cooking up "white washed" findings to fool FDA by hiding fatalities and complications. In fact, I worked for such a company and resigned when my objections to surreptitious removal of adverse data entered by me were overruled with threats. Any way, ten years after that injustice, I am having the last laugh; two Congressmen are in hot pursuit of the perpetrators.

During my lifetime I have heard researchers proclaiming over the TV at least five times "caffeine stimulates heart and brain" as if it was a new discovery each time. But an elderly doctor (who is no more) told me that he had read the same thing in his student days in the 1930s.

So basically our researchers are either plagiarizing and recanting old findings or worse - are manufacturing lies (or shall I say rubbish as the present one).

As for teaching, no personal attention is given and it is the responsibility of some of the students to teach others under the guise of "group" projects. Many scholars are only interested in getting their names published on specialty journals rather than deciding whether their useless or irrelevant research need be published.

To blame company mismanagement on the personal life of a sports star is the ultimate form of skulduggery.

If Wall Street can be kicked and brought down unceremoniously by a sports star, then no wonder it is a monster with feet of clay.

I won't be sending my grandchildren to any such delusional "higher seats of ignorance" that teach absolute rubbish whatever be their past credentials.

USA cannot be relegated to a banana republic nor can its citizens be fooled with big talk however much anybody try even with superlative wisdom, education and research.

At any rate, research is not manufacturing gossip, even if layered with statistics. I don't think that was the intention of all those philanthropists who graciously instituted grants for the higher education of our children.