Is the Financial Industry Sexist?
I love me some sexism. I mean…next to sex, what’s better than ism? Putting all humor to the side, however, I was pretty surprised to read that securities, commodities and financial services sales agents, is rated #2 on the list of most sexist industries.
Now obviously the article by Jenna Goudreau is a puff piece, whose childish logic and morose subject matter has been elevated to the status of academic intelligentsia by our degenerating society. This, however, does not preclude the possibility of the claim itself being valid.
We all know that Wall Street and its many minor and major tentacles are an extended boys club. If we were really looking to be fair and unbiased, we could easily say that it is a world which seeks to keep everyone out but the most privileged and potentially marketable.
That having been said, I really don’t see that Wall Street and finance in general discriminates against women. I have no problem in having this view challenged or (if factual evidence exists) being proven wrong. The fear and likelihood of being sued lurks around every corner for bulge brackets, top props and institutional sales giants. Yes, we have all grown up with the Glengarry Glenn Ross style brokerage in the back of our minds but that world simply does not exist in the same way it once did.
I am curious to hear about your experiences with sexism on the street. My inclination is to think that sexism actually works in favor of women when it comes to the hiring process.
This topic is often brought up tangentially and results in a shit flinging contest. I would like to see if we can have a legitimate discussion about it. If there’s any ladies who are not by now offended by the mere view of my screen name, I would really like to hear what you have to say on the subject. My honest feeling is that sexism is an issue we have largely overcome as a society and the financial services industry is actually among the forerunners in this regard.
What do you think?