Guys, there is no need to argue. The graduate salaries are published by the Universities and available on the internet.

From what I can see, the mean first year salary for a fresh Stanford MBA Grad in the Class of 2010 working in the Northeast (i.e., New York City) is $130,741. His mean signing bonus was $31,250 and his other mean guaranteed compensation was $133,375. So the mean total comp was $295,366. Phew! The median was $265,000.

However, most chose to work in the West (LA, SFO), and the mean total compensation was $197,830. Looks like there is a $100K difference between the West and the Northeast!