How Lehman Brothers' golden girl fell through the glass ceiling - U2 Feedback

Go Back   U2 Feedback > Lypton Village > Free Your Mind
Click Here to Login
Thread Tools Search this Thread Display Modes
Old 05-05-2010, 06:51 PM   #1
love, blood, life
financeguy's Avatar
Join Date: Dec 2004
Location: Ireland
Posts: 10,122
Local Time: 09:12 PM
How Lehman Brothers' golden girl fell through the glass ceiling

A hundred miles from Manhattan in the swanky beachside enclave of East Hampton, the so-called Greta Garbo of Lehman Brothers has gone to ground. The bankrupt bank's former chief financial officer, Erin Callan, lives quietly in a wood-shingled house, attends spin classes at a local gym and is dating a New York fireman.

Smart, sassy, young and charismatic, Callan was briefly the golden girl of Wall Street. In multiple television appearances, Callan adopted a plain-speaking patter in the spring of 2008 to reassure investors over the future of the 158-year-old investment bank. A fashionable figure, she seemed a refreshing change from the middle-aged men around her. The only problem was that she got things desperately, spectacularly wrong.
To those fighting for more diversity in the financial industry, Callan's rise and fall has a familiar ring. Michelle Ryan, an associate professor of psychology at Exeter University, says there can be a tendency, which she dubs the "glass cliff", to promote women as a "bold move" in moments of crisis, when all else has failed: "I do see her position as a really classic case of the glass cliff. Women often tend to occupy these dangerous leadership positions in dangerous times, when things are getting hairy. When things are going great, it's usually men who occupy these roles."
Lehman Brothers' golden girl, Erin Callan: through the glass ceiling – and off the glass cliff | Business |

financeguy is offline   Reply With Quote
Old 05-06-2010, 01:54 AM   #2
love, blood, life
Kieran McConville's Avatar
Join Date: Dec 2001
Location: Kony Island Baby
Posts: 10,231
Local Time: 06:12 AM
More than a couple of Australian state governments have gone the same course.

Kieran McConville is offline   Reply With Quote
Old 05-06-2010, 11:21 PM   #3
AliEnvy's Avatar
Join Date: Jan 2001
Location: Toronto, Canada
Posts: 2,320
Local Time: 08:12 PM
My company's board of management and executive ranks are entirely old, white men.

Guess things are going great!
AliEnvy is offline   Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT -5. The time now is 03:12 PM.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Design, images and all things inclusive copyright ©