The Good Men Project

Another Reason to Loathe the Big Banks

Looking for another reason to hate Citigroup, Goldman Sachs, and the rest of the big banks? Need any more evidence that these institutions are entitled-asshole farms?

Try to wrap your head around this stat: In the financial services industry, between mid-2007 and mid-2010, five times more women lost their jobs than men, according to government statistics. Five times! During that same time, around 70 percent of all the jobs lost were lost by men. You don’t have to feminist, or even a woman, to conclude that the old-dick network was protecting its own.

Six current and former Citigroup employees have filed suit against the financial giant for gender discrimination. Last month, three women at Goldman Sachs filed suit for “systematic” gender discrimination, and earlier this year, a similar suit was filed against Bank of America Merrill Lynch.

Dorly Hazan-Amir, who still works for Citigroup, was interviewed on NPR yesterday:

[A] lot of their comments that were made towards me over the years, they’re quite disgusting and inappropriate. I don’t even want to bring them up on the air here. But just as one example, while working only a few days in the group, and having a number of my male colleagues in my cubicle working with me on something, the regional head of the group walked by and said, well, I’m all for this hiring women thing, but not if it’s just going to cost me three of my men every time you can’t do something.

These are the types of comments and incidents that you—when they happen to you, you remember them vividly and you remember the exact circumstances under which they happened.

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