At the private school that I attend, and at most colleges and universities in America, political correctness rules. Students on college campuses have developed an almost Orwellian newspeak and become fearfully polite, careful to avoid offense, and constantly afraid of being labeled with the slew of "isms" and "phobias" that have become the scarlet letters of our day. The result is that free speech is silenced and no one says what they really think anymore.
After these students graduate, they often go on to work in finance. So how prevalent is the PC culture in the finance industry? Is there a politically correct culture in finance that limits honest discussion?