Retail banks are facing the same challenges travel agencies confronted a decade ago, says John Schlesinger, chief enterprise architect at Temenos, a core banking software company.

FORBES: Outmoded IT Could "Evaporate" Big Retail Banks - Temenos

Yet the ostentatiously ludicrous Mr West has undoubtedly helped to attract bright students to Harvard in the same way that the rather more serious Arthur Schlesinger and John Kenneth Galbraith once did.

ECONOMIST: Celebrity professors are a good thing. Really