Thursday 20 June 2013

Women in Banking. Now I'm In Trouble ...

Here we go.  More women needed in the City - particularly in the Boardroom and the trading floor.  Because?  Well, a bank with women in charge is less likely to suffer a crisis. 
Christine Lagarde, managing director of the IMF, has suggested that if collapsed bank Lehman Brothers had been Lehman Sisters, the current economic crisis could look quite different. "I have joked that a 'male' culture of reckless financial risk taking was at the heart of the global crisis," she said. "Studies back this up." (DTel)
In other news ... these chaps, the CEO and Chair of the Care Quality Commission apparently had to leave somewhat precipitately last year.  Some sort of crisis on their watch, and a cover-up too ! - or so people say.

No, it's not Jo Brand
Now, back to the banks ...

ND

UPDATE:  what can one say ?  It seems in bad taste to say anything, really. 
  • "Mr B" = ... Jo
  • "Mr D" = ... Amanda
  • "Mr E" = ... Cynthia
  • "Mr F" = ... Anna
  • "Mr G" = ... Jill
  • "Mr J" = ... Louise
 

16 comments:

Anonymous said...

Not as good looking as Jo Brand!

Memories are made of this said...

Did not some other female have to get out of Haringey pretty damn quick not long ago when some baby shit hit a twirly thing? Finished up in a merchant bank somewhere - on the way to becoming an MP and Chairleg of a Parliamentary Committee?

CityUnslicker said...

Quite right. great posts ND these last two days....clearly I am not needed anymore..;o)!

Bill Quango MP said...

Don't forget Harriet Harman's women's G20 when poor old Gordon was trying to stop world financial collapse.

In his memoirs he is gobsmacked at the appalling naivety of his own deputy.

"The banks are going to fold! capitalism is coming to an end and she thinks this is a great time to play gender politics? She's deluded"

I paraphrase, but that was the gist. Gordon only agreed as his power base was so low even Mad Hatts had control over him.

Electro-Kevin said...

Glass ceilings ?

Don't women imagine that the vast majority of us men (working full-time and seemingly for bloody ever) have broken our noses on it many times too ?

Sackerson said...

Now watch what happens to the IMF. Or is Lagarde actually a woman - see my 2011 piece here:

http://theylaughedatnoah.blogspot.co.uk/2011/09/christine-lagardes-alter-ego.html

andrew said...

I am sure it really was Lehman sisters, they would have messed up is a different but equally disasterous manner at a different point in time.

Hopefully, in another 30 years or so this sort of 'if the world had women in control things would be better' thing will have died out as more women will have been in control and messed up just like men - but in different ways.

Jan said...

Agree with all the above and I'm female. We waste time fighting each other. I have worked under useless bosses both male and female and in good and bad workplaces.

Y Ddraig Goch said...

Isn't Lagarde tangled up in some kind of financial corruption scandal in France?

Ladies wot dine said...

Isn't Angiebaby the chief bossyboots of the EU at the moment? Would have been very interesting if Maggie was still around to duel with her.

Anonymous said...

Have you seen the Lagarde letter to Sarkozy ?

http://www.telegraph.co.uk/finance/financial-crime/10129356/Christine-Lagardes-allegiance-letter-to-Nicolas-Sarkozy-use-me.html

Hopper said...

I've seen when you promote on the basis of "woman with a pulse" and it's not pretty - case in point,
Michelle Pinggera: http://www.standard.co.uk/news/work/we-can-bank-on-you-goldmans-tells-its-blossoming-apprentices-8466925.html

The tough, competent women are stuck a couple of levels below, having their fingers heavily trodden on by the politicking sisters above who like their
relatively unique status.

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