The other night I was watching TV while drunk and stumbled across something called the Fast Money MBA Challenge on CNBC. I immediately decided I was imagining things. IvyGate has since received confirmation that this program does actually exist, and we're not quite sure how to handle it.

The Challenge, which debuted August 1 and will run through August 22, pits teams of MBA candidates from eight of the nation's top business schools against each other in College Bowl-ish duels. Dylan Ratigan, host of CNBC's usual Fast Money shit-off, runs the special with predictably douchey swagger.

The eight b-schools in competition are MIT (Sloan), Texas, Columbia, NYU (Stern), Chicago, UCLA (Anderson), Dartmouth (Tuck) and Yale. (Click on the picture to enlarge the bracket). Wharton and Harvard probably fancy themselves above this, but we think they're just scared little hobbit-bitches who are afraid to put their reps on the line.

And as the Challenge has demonstrated, even the mightiest can pull a Nasdaq-circa-2000. In the first round, number-one seed MIT lost to icky state school yokels Texas, and permanent safety school Chicago fell hard to UCLA. Whether the game is basketball or stock quotes, MIT and Chicago will always be intercollegiate competition ne'er-do-wells.

Watch the clip below for a taste of the Challenge that a) demonstrates to a tee why people hate corporations and b) solidifies wiseacre Dylan Ratigan's status as the most grating television personality in the world today. It's Columbia versus NYU, a match that Ratigan cleverly dubs the "Subway Series." Columbia wins, as the bracket shows, effectively renewing its right to treat NYU like shit for another few years.

--JIM NEWELL