UK: The women who want to save banking

Submitted by anthony on Mon, 2009-05-18 15:54

Article here. Excerpt:

'"Women tend to bring a lot to the table. They think more long-term, they think about the team, and not only themselves. They think more about people, and they see other business opportunities than men."

There is another, crucial difference, they find: "Women are willing to ask stupid questions. We want to understand. We won't take risks we don't understand, so we ask: what is sub-prime? Who'll pay these loans back?"
...
Moreover, they say, as women "we are willing to use our rational mind and our emotional intelligence to release value out of our investments. The touchy-feely side is actually the harder side. We reject a lot more investment opportunities as a result of emotional due diligence than financial due diligence."'

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Another 'women are superior' article scribbled on shit paper. I might be submitting too many repetitive articles.

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Submitted by anthony on Mon, 2009-05-18 20:46

It's like the soldiers on the last lines of a battle claiming they are superior because they weren't killed.

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Submitted by BinaryShadow on Tue, 2009-05-19 13:41

I'm sick of the endless, gushing, backslapping that women are doing to each other just now when it comes to talking about how they would have avoided the "banking crisis".

I posted this on Glenn Sacks's blog a while back on this topic:

"The really scary thing is the shameless hypocrisy which these female commentators on the "credit crunch" practise. These are the same people that have been telling us for years that women are muscling in on all areas of men's careers now, that the second tier of senior management is hugely female dominated (CEO's in waiting if you will) and who wrote numerous puff pieces on the City "superwomen" who juggle jobs, kids and the high pressured financial jobs in the city.

Now that we are in meltdown, these same women were apparently anonymous little serfs, with no power and no chance of influencing their out of control patriarchal bosses. The female traders who earned multi-million pound bonuses, the women who spent their husband's bonuses on property (artificially inflating the market), who funded the consumer and lifestyle goods explosion in the last few years are equally blameless.

Yes. it's all our fault - not a single women ever took a decision in a boardroom, spent or received any bonus money, upgraded their property, car or vacation standards over the last 10 years, or in any way fuelled the current recession.

Sadly, it worries me that women with columns in national newspapers (ostensibly educated and intelligent people) could resort to such blatant and shallow disingenuouness. Even worse is that the political correctness which would prevent a man ever writing a column blaming women as an entire gender for a problem still exists. I really wish that the men who work edit and write for these publications would look themselves in the mirror, grow a pair, and refuse to accept such low intelligence gender warfare from their female colleagues. The women they work with must be laughing up their sleeves at them."

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Submitted by robrob on Tue, 2009-05-19 16:49