In the wake of former Yahoo CEO Scott Thompson's false claims about his undergraduate education, U.S. News and World Report analyzed the academic backgrounds of the 2012 Fortune 500 CEOs. The May 7 study found that of the 500 CEOs on the list, 465 executives collectively held 200 MBA degrees and 140 other graduate degrees. Among the top 13 alma maters of Fortune 500 executives, Harvard University topped the list after awarding 65 degrees, followed by Stanford University with 27, the University of Pennsylvania with 24 and Columbia University with 18 degrees. Harvard, Penn and Stanford also awarded the most MBAs to the 2012 Fortune 500 CEOs, the report found. Dartmouth was ranked ninth in the report, with nine undergraduate degrees and three MBA degrees awarded to Fortune 500 CEOs.
Presumptive Republican presidential nominee Gov. Mitt Romney characterized the $787-million American Recovery and Reinvestment Act as an example of federal overspending on May 18 in a speech in Hillsborough, N.H., the Los Angeles Times reported. He criticized a project to preserve the Stone Arch Bridge, which is accessible on only one side. The project could not be considered "critical" to maintaining jobs at the local level, Romney said, and he compared the unfinished "bridge to nowhere" to Obama's stimulus package, according to the Times. Romney's speech spurred officials from the New Hampshire Democratic Party to release a map of Romney's route to reporters, indicating the road improvement projects funded by the stimulus package, the Times reported.
Rutgers University student Dharun Ravi was sentenced to 30 days in jail on Monday for using a webcam to watch his roommate Tyler Clementi having sex with a man in September 2010, The New York Times reported. Clementi leapt to his death from the George Washington Bridge in New York after learning of Ravi's actions. A jury convicted Ravi of 15 charges including invasion of privacy and bias intimidation, but he was not charged with causing Clementi's death, The Times reported. Ravi who had faced a maximum sentence of 10 years in prison must serve three years' probation, complete 300 hours of community service, attend counseling for cyberbullying and pay a $10,000 probation fee. Ravi's lawyers intend to appeal the jury's verdict on the grounds that his actions were not violent and that probation and community service would be more fair forms of punishment, The Times reported.
