stionnaires. Not having worked on Wall Street the researcher needed to here the opinions of those that have or have tried to.
Working in Investor Relations, the researcher noticed the lack of women working in the securities industry, particularly in the hub of Wall Street. Personally dealing with 9 financial institutions regularly, covering the researcher's company, Natural MicroSystems.
Of these 9 firms, each containing two people directly dealt with, each has a senior analyst and the junior analyst covering the researchers particular segment of the market. That makes for 18 people in total. Of those 18, one is female. She is a 28-year-old junior analyst for one of the nine firms.
Women make up just a small percent of the managers and officers at securities companies and an even smaller amount of their professionals. These percentages have not changed in five years. This says that women are not becoming equal with men on Wall Street has. For some reason the progress of women has come to a stand still.
Some topics that needed to be investigated:
§ To research the current mentality of those working in corporate America
§ To determine the role women are playing in today's work force
§ To determine if women are being held back by traditional stereotypes
§ To determine if the level of education achieved is the same amongst men and women'
Lydia Klein became aware of the Stone Age attitude toward women working on Wall Street soon after she became working there in 1978. Rude comments were as common as buy and sell orders. She recalls being fondled and subjected to locker room antics, like the time someone delivered a cal zone shaped like a penis to her desk.
At this time, as Klein says, women who were subjected to such treatment never considered filing a lawsuit. Still now, two decades later, Klein said, the securities industry is still the old-boys club that keeps the highest paying jobs...