Sorry Hitman, just kidding. I think primarily recruiting out of Ivy league schools is the most ridiculous thing . I know some very tech-savy, analytical minded people who are just not good traders. Some of these guys are so used to being right all of the time, and everyone praising them for being so brilliant, that they have a real problem admitting when they're wrong, and in trading that be fatal. Quickest example is letting a trade go against you a whole bunch. Take the brilliant Harvard MBA's that ran Long Term Capital Management.
It's like Gordon Gecko said, "give me a guy who's smart, poor, and hungry...you win a few, you lose a few but you keep plugging." IMHO that's a trader. Take the guys in the pit for example, my god. Some of those guys have the bumper sticker " my kid beat your honor student up" Enough said about that.
The point to all of this is I was hired by a great firm and I graduated from a very average state school. We are competitive with any firm out there, low comish, bullet costs, no tix charges, great mentoring, and so on. Sorry for going off on a tangent like that, but it's something i wanted to get off my chest.