![]() In her own banking career, Courtney said “it was clear to me throughout my time in the City (both in Wall Street, where I trained, and in the City of London, where I worked) that there is an inherent sexism that runs through the fabric of the place. ![]() “I do believe that if Yellen were a man, her chances would be a lot better, simply as a result of the preconceived notion - among men and, unfortunately, women - that anyone taking on such a powerful role should be someone with 'gravitas' - namely, a man,” said City banker turned novelist Polly Courtney. Madden declined to comment on what role sexism plays in Yellen’s chances of being appointed. About 1 in 3 full-time stockbrokers are women, and they generally earn two-thirds of the salaries of their male colleagues. Even as Yellen competes for the most powerful position in her career, she faces the same underlying discrimination as any other woman in business or finance.Ī study by University of Pennsylvania Professor Janice Fanning Madden found that women stockbrokers tend to receive inferior accounts and sales opportunities compared to their male colleagues, which results in lower salaries. The underlying or hidden sexism exists at a far deeper level than any whispering done behind closed doors. New York Times columnist Paul Krugman dilutes it down to two sexist campaigns: "One is a whisper campaign whose sexism is implicit, while the other involves raw misogyny.” Is the Job Market Ripe for the Revival of the Rogue Trader? How State Street is bypassing recruiters to attain its top tier hiring targets A woman in line for a key role that straddles the old boys clubs on Wall Street and Washington and gives her critical authority to make decisions that impact the global economy is scrutinized more than any male candidate, both by critics and supporters, even as both sides claim that gender has nothing to do with it. The gray, male eminence at the helm of the Federal Reserve is a tough habit to break. There is, it seems, some typecasting at work. She even has high profile supporters in and around the U.S. Nobody claims that she is not a monetary policy expert. ![]() ![]() Nobody claims that she will do a bad job. APO/FPO, Afghanistan, Africa, Alaska/Hawaii, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Asia, Australia, Austria, Azerbaijan Republic, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, British Virgin Islands, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Cape Verde Islands, Cayman Islands, Central African Republic, Central America and Caribbean, Chad, Chile, China, Colombia, Comoros, Cook Islands, Costa Rica, Cyprus, Czech Republic, Côte d'Ivoire (Ivory Coast), Democratic Republic of the Congo, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Europe, Falkland Islands (Islas Malvinas), Fiji, Finland, France, French Guiana, French Polynesia, Gabon Republic, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guernsey, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iraq, Ireland, Israel, Italy, Jamaica, Japan, Jersey, Jordan, Kazakhstan, Kenya, Kiribati, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Middle East, Moldova, Monaco, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand, Nicaragua, Niger, Nigeria, Niue, Norway, Oceania, Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Puerto Rico, Qatar, Republic of Croatia, Republic of the Congo, Reunion, Romania, Russian Federation, Rwanda, Saint Helena, Saint Kitts-Nevis, Saint Lucia, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, San Marino, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South America, South Korea, Southeast Asia, Spain, Sri Lanka, Suriname, Svalbard and Jan Mayen, Swaziland, Sweden, Switzerland, Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, US Protectorates, Uganda, Ukraine, United Arab Emirates, United Kingdom, Uzbekistan, Vanuatu, Vatican City State, Venezuela, Vietnam, Virgin Islands (U.S.There is no opposition to Janet Yellen rising from Vice Chairman of the United States Federal Reserve Board to Chairman. ![]()
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