CORRESPONDENT OF THE DAY

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These Days, MBA Means 'More Bad Assets'

Editor, Times-Dispatch:

I am not quite sure where Thomas N. Allen, chairman of the Hampden-Sydney Board of Trustees, has been lo these many weeks. I can only assume he has been in a monastery.

What other explanation can there be for stating, "A guy with an MBA from Harvard knows the difference between black ink and red ink"?

The shareholders of GM and other industrial titans -- as well as the taxpayers -- might beg to disagree.

Gary A. Craft. Richmond.

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