Brave, Ethical, or Just Bounty Hunters?
Many female finance workers remain convinced that sexism is a given if you work in investment banking. Like the latest lawsuit, where Dresdner Kleinwort Wasserstein (DrKW) has been hit with a $1.4bn action filed in New York, working on Wall Street just does not seem to be getting any kinder or gentler.
Is it all just men behaving badly? The six litigants, based in London and New York, claim that they were denied promotion, paid less than male colleagues and forced to work in a hostile environment which included sexist jibes from male co-workers and exclusion from meetings with important clients which took place at strip clubs. DrKW has said it will defend itself 'vigorously' and denies any wrongdoing.
Earlier this month, Morgan Stanley sacked four employees for visiting a strip club with a client because the company has a policy banning employees participating in 'exclusionary events'.
Do you believe sex discrimination is rife in the financial world? Or are the women who pursue these cases bounty-hunting because the rewards, if they win, are so immense? Do you think the DrKW Six will win? Do you think they should? Let us know what you think.
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