Wall Street may be finding new ways to perpetuate the old boys’ club

BACK IN THE 1980s, Tom Wolfe described Wall Street traders as “masters of the universe”. Over the past three decades, they seem to have turned into the equivalent of what Robert Burns called “wee, sleekit, cowran, tim’rous beasties”. The cause of the funk? Women.

A recent story from Bloomberg, a news provider, based on interviews with 30 executives, revealed that some of the titans of finance are avoiding one-on-one meetings with women, sitting next to them on flights or having dinner with them alone. The #MeToo movement, which started with rape accusations against Harvey Weinstein, a Hollywood producer, and which has spread to most industries, has caused many men to fear being accused of behaving improperly.

Responding as the financiers reportedly are is worrying on all sorts of levels. Either the men concerned do not know how to behave properly, or they think the female half of the population has nothing better...



via Business Feeds

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