Wall Street Women

Wall Street Women
Author: Melissa S. Fisher
Publisher: Duke University Press
Total Pages: 242
Release: 2012-06-19
Genre: Business & Economics
ISBN: 0822353458

Wall Street Women tells the story of the first generation of women to establish themselves as professionals on Wall Street. Since these women, who began their careers in the 1960s, faced blatant discrimination and barriers to advancement, they created formal and informal associations to bolster one another's careers. In this important historical ethnography, Melissa S. Fisher draws on fieldwork, archival research, and extensive interviews with a very successful cohort of first-generation Wall Street women. She describes their professional and political associations, most notably the Financial Women's Association of New York City and the Women's Campaign Fund, a bipartisan group formed to promote the election of pro-choice women. Fisher charts the evolution of the women's careers, the growth of their political and economic clout, changes in their perspectives and the cultural climate on Wall Street, and their experiences of the 2008 financial collapse. While most of the pioneering subjects of Wall Street Women did not participate in the women's movement as it was happening in the 1960s and 1970s, Fisher argues that they did produce a "market feminism" which aligned liberal feminist ideals about meritocracy and gender equity with the logic of the market.

Gender on Wall Street

Gender on Wall Street
Author: Laura Mattia
Publisher: Springer
Total Pages: 193
Release: 2018-06-13
Genre: Business & Economics
ISBN: 3319755501

This book contains advice and direction for women who are either seeking a career or who have already embarked on a career in financial services. The book first aims to help the female reader gain clarity on her motivation in pursuing a career in finance. It then identifies potential gender-specific challenges that could create problems if she is unaware or unconscious to her surrounding work environment. Lastly, it provides insights and exercises to develop a strategy for career accomplishment. Written by a former Senior Financial Executive for several fortune 500 firms including M&M Mars, a Wealth Manager/Owner of a fee-only Registered Investment Advisory firm, and Professor of financial planning at the University of South Florida, the book will help women identify pitfalls, create game plans to transcend the limitations of their workplace cultures, and learn how to collaborate with their peers to create healthier work environments. Told through personal stories, anecdotes from other women and academic research, Gender on Wall Street helps women identify the internal and external obstacles to their success. This book will also provide a means of overcoming these obstacles through conscious engagement, personal reflection and strategy-building exercises at the conclusion of each chapter. The reader will be guided into creating their own personal career plan—the STAR plan—which will help them achieve career success.

Ladies of the Ticker

Ladies of the Ticker
Author: George Robb
Publisher: University of Illinois Press
Total Pages: 400
Release: 2017-08-16
Genre: Social Science
ISBN: 0252099745

Long overlooked in histories of finance, women played an essential role in areas such as banking and the stock market during the late nineteenth and early twentieth centuries. Yet their presence sparked ongoing controversy. Hetty Green’s golden touch brought her millions, but she outraged critics with her rejection of domesticity. Progressives like Victoria Woodhull, meanwhile, saw financial acumen as more important for women than the vote. George Robb’s pioneering study explores the financial methods, accomplishments, and careers of three generations of women. Plumbing sources from stock brokers’ ledgers to media coverage, Robb reveals the many ways women invested their capital while exploring their differing sources of information, approaches to finance, interactions with markets, and levels of expertise. He also rediscovers the forgotten women bankers, brokers, and speculators who blazed new trails--and sparked public outcries over women’s unsuitability for the predatory rough-and-tumble of market capitalism. Entertaining and vivid with details, Ladies of the Ticker sheds light on the trailblazers who transformed Wall Street into a place for women’s work.

Wolf Hustle

Wolf Hustle
Author: Cin Fabré
Publisher: Henry Holt and Company
Total Pages: 248
Release: 2022-09-20
Genre: Biography & Autobiography
ISBN: 1250816874

From the South Bronx projects to the boardroom—at only nineteen years old, Cin Fabré ran with the wolves of Wall Street. Growing up, Cin Fabré didn’t know anything about the stock market. But she learned how to hustle from her immigrant parents, saving money so that one day she could escape her abusive father and poverty in the Bronx. Through a tip from a friend, Cin pushed her way into brokerage firm VTR Capital—an offshoot of Stratton Oakmont, the company where the Wolf of Wall Street, Jordan Belfort, had reigned. She was shocked to find an army of young workers, mostly Black and Brown, with no real prospects for promotion sitting at phones doing the drudge work of finding investment leads for white male brokers. But she felt the pull of profit and knew she would do whatever she had to do to be successful. Pulling back the curtain on the inequities she and so many others faced, Wolf Hustle reveals how Cin worked grueling hours, ascending from cold caller to stockbroker, becoming the only Black woman to do so at her firm. She also discloses the excesses she took part in on 1990s Wall Street—the strip clubs, the Hamptons parties, the Gucci shopping sprees—while reveling in the thrill of making money. From landing clients worth hundreds of millions to gaining, losing, then gaining back fortunes in seconds, Cin examines her years spent trading frantically and hustling successfully, grappling with what it takes to build a rich life, and, ultimately, beating Wall Street at its own game.

Selling Women Short

Selling Women Short
Author: Louise Marie Roth
Publisher: Princeton University Press
Total Pages: 284
Release: 2011-06-27
Genre: Business & Economics
ISBN: 1400840791

Rocked by a flurry of high-profile sex discrimination lawsuits in the 1990s, Wall Street was supposed to have cleaned up its act. It hasn't. Selling Women Short is a powerful new indictment of how America's financial capital has swept enduring discriminatory practices under the rug. Wall Street is supposed to be a citadel of pure economics, paying for performance and evaluating performance objectively. People with similar qualifications and performance should receive similar pay, regardless of gender. They don't. Comparing the experiences of men and women who began their careers on Wall Street in the late 1990s, Louise Roth finds not only that women earn an average of 29 percent less but also that they are shunted into less lucrative career paths, are not promoted, and are denied the best clients. Selling Women Short reveals the subtle structural discrimination that occurs when the unconscious biases of managers, coworkers, and clients influence performance evaluations, work distribution, and pay. In their own words, Wall Street workers describe how factors such as the preference to associate with those of the same gender contribute to systematic inequality. Revealing how the very systems that Wall Street established ostensibly to combat discrimination promote inequality, Selling Women Short closes with Roth's frank advice on how to tackle the problem, from introducing more tangible performance criteria to curbing gender-stereotypical client entertaining activities. Above all, firms could stop pretending that market forces lead to fair and unbiased outcomes. They don't.

Women of The Street

Women of The Street
Author: M. Jones
Publisher: Springer
Total Pages: 445
Release: 2015-05-26
Genre: Business & Economics
ISBN: 1137462906

Women invest differently than men. Collectively, their approach has proven profitable and reliable, and it outperforms the industry at large. The portfolio managers interviewed in this book exemplify the best traits that women investors tend to exhibit. Read Women of the Street to learn from them and start investing a little more like a girl.

The Lamb of Wall Street

The Lamb of Wall Street
Author: Karen Bruton
Publisher: Simon and Schuster
Total Pages: 201
Release: 2021-11-09
Genre: Biography & Autobiography
ISBN: 1637630107

A female math whiz overcomes gender discrimination to achieve success in the stock options market and invests her profits in supporting struggling communities across the globe only to be attacked by the SEC and loses her fortune to defend her honor. Karen Bruton’s story is the tale of a woman who pioneered her way to corporate success through tough cultural and economic times and now seeks to encourage and strengthen women around the world who face dire poverty. From a young age, Karen Bruton simply wanted to do her best at school, get into a good college, and start a career. While pursuing her first job during the early 1970s, she was confronted with the harsh reality of being a woman in the male-dominated corporate world. But she persisted—becoming the first female professional at several firms and ultimately rising to the rank of vice president and corporate controller at two different companies. Once at the top of the corporate ladder, she had a number of international experiences that revealed the plight of the desperately poor. Karen sensed a calling from God that led her to leave her prestigious position and devote her life to offering hope to these destitute populations. Karen founded Just Hope International in March 2007. During her initial projects, she had a nagging sense that the usual approach to charitable work was not effective. She realized there was a better way to alleviate entrenched poverty—by offering a hand-up rather than a handout. Her organization began equipping willing workers in the Global South with economic principles and entrepreneurial practices that allowed them to build their own businesses, save and invest money, and take control of their lives—gaining dignity in the process. During the course of her financial career, Karen spent a decade learning to trade on the stock market. After leaving her executive position, she continued trading stocks in order to create an income for herself and her nonprofit projects. Her surprising success attracted the attention of her friends and former colleagues, who asked her to invest their funds as well. In response, she launched a private hedge fund whose earnings allowed her to underwrite all of Just Hope’s overhead and operating costs. After unprecedented returns, Karen was shocked when she came under investigation by the SEC, which accused her of fraudulent practices. Her deep faith, quiet confidence, and the staunch support of her investors upheld her throughout this dark time. In the midst of the SEC investigation, Karen and her team continued their humanitarian endeavors. After working in several countries in South America, Asia, and Africa, Karen and her team witnessed how essential women are to the success of their projects. Though women are the hardest, most dedicated workers, Karen grieves how little support and encouragement these women receive. She finds herself deeply inspired by these courageous women and sensed a fresh calling to devote her energy toward encouraging and strengthening women specifically in the years ahead.

When the Getting Was Good

When the Getting Was Good
Author: Susan G. Bell
Publisher: Author House
Total Pages: 426
Release: 2010-06-04
Genre: Fiction
ISBN: 1449089895

The lone woman trader at a prestigious New York bank, Kate Munro completes an eye-popping trade that captures the attention of Wall Street. But her euphoria fades when she hears that Morehead Woodson, the most powerful trader in the bond business, has been on the losing side of the transaction. Kate worries about retribution from Woodson, a man notoriously unforgiving of slights. Then comes the stunning announcement that he is about to become her boss. Woodson’s bullying style ruins the collegial environment in which Kate has thrived. To make matters worse, she learns from an inside source that his trading practices are under investigation by the Federal Reserve—and that she has been implicated. Now she must fight to clear her name and save her job. How far will Kate go to keep her Wall Street career alive?

Bankers and Empire

Bankers and Empire
Author: Peter James Hudson
Publisher: University of Chicago Press
Total Pages: 370
Release: 2017-04-27
Genre: Social Science
ISBN: 022645925X

From the end of the nineteenth century until the onset of the Great Depression, Wall Street embarked on a stunning, unprecedented, and often bloody period of international expansion in the Caribbean. A host of financial entities sought to control banking, trade, and finance in the region. In the process, they not only trampled local sovereignty, grappled with domestic banking regulation, and backed US imperialism—but they also set the model for bad behavior by banks, visible still today. In Bankers and Empire, Peter James Hudson tells the provocative story of this period, taking a close look at both the institutions and individuals who defined this era of American capitalism in the West Indies. Whether in Wall Street minstrel shows or in dubious practices across the Caribbean, the behavior of the banks was deeply conditioned by bankers’ racial views and prejudices. Drawing deeply on a broad range of sources, Hudson reveals that the banks’ experimental practices and projects in the Caribbean often led to embarrassing failure, and, eventually, literal erasure from the archives.

Own It

Own It
Author: Sallie Krawcheck
Publisher: Crown Currency
Total Pages: 258
Release: 2017-01-17
Genre: Business & Economics
ISBN: 1101906251

A Wall Street Journal and Washington Post Bestseller, Own It is a new kind of career playbook for a new era of feminism, offering women a new set of rules for professional success: one that plays to their strengths and builds on the power they already have. Weren’t women supposed to have “arrived”? Perhaps with the nation’s first female President, equal pay on the horizon, true diversity in the workplace to come thereafter? Or, at least the end of “fat-shaming” and “locker room talk”? Well, we aren’t quite there yet. But does that mean that progress for women in business has come to a screeching halt? It’s true that the old rules didn’t get us as far as we hoped. But we can go the distance, and we can close the gaps that still exist. We just need a new way. In fact, there are many reasons to be optimistic about the future, says former Wall Street powerhouse-turned-entrepreneur Sallie Krawcheck. That’s because the business world is changing fast –driven largely by technology - and it’s changing in ways that give us more power and opportunities than ever…and even more than we yet realize. Success for professional women will no longer be about trying to compete at the men’s version of the game, she says. And it will no longer be about contorting ourselves to men’s expectations of how powerful people behave. Instead, it’s about embracing and investing in our innate strengths as women - and bringing them proudly and unapologetically, to work. When we do, she says, we gain the power to advance in our careers in more natural ways. We gain the power to initiate courageous conversations in the workplace. We gain the power to forge non-traditional career paths; to leave companies that don’t respect our worth, and instead, go start our own. And we gain the power to invest our economic muscle in making our lives, and the world, better. Here Krawcheck draws on her experiences at the highest levels of business, both as one of the few women at the top rungs of the biggest boy’s club in the world, and as an entrepreneur, to show women how to seize this seismic shift in power to take their careers to the next level. This change is real, and it’s coming fast. It’s time to own it.