Monday, July 21, 2008

Trip to New York: MARISOL

Marisol: 22, native New Yorker, first-generation American, a financial analyst at one of the most famous investment banks in the world. Is going to quit next year and get her post-bacc to be a doctor.
(There she is, left, crossing Wall St)

On being a woman in the investment banking world:

"Surprisingly maybe, investment banks in New York are very modern in terms of women, childcare, minorities, diversity--they have it down. And you have to separate these banks from the rest of corporate America, like AT & T or GM, companies that are very old-fashioned. In those places, I feel like the environment for women is a lot different. My investment bank is five years ahead, not because they're feminists or's just that they realize that to work in the modern world and to get the best types of people you have to provide certain services and environments, otherwise you're going to lose women. There are three women in my group who recently have children, and they are provided with a childcare center in the building. That's better than other industries with more women, like publishing."

1 comment:

Rachel said...

Way better than Federal Government work too! Though that follows pretty logically. Working for the Feds is working for the old white guys who are slowly but surely sharing the power with the rest of us. Of course, in the process of making room for others, they're holding onto their power for dear life.

Thing is, there comes a point when they can't anymore--look at John McCain. He's so old, he doesn't know how to deal with his email! Granted he knows the ins and outs of the federal process which is why he continues to hold substantial weight in U.S. Congress... but that can't get him elected president by the general public when he's got competition who can multitask on his blackberry, while on a conference call on his blue tooth.

Government positions are changing, but it's slow. I believe they will certainly get to where I banking and other more modern industries are at with childcare for working moms, but I don't think they'll ever be on an even playing field just by the nature of the game.

The Constitution's old. I banking, on the other hand, is a much newer concept, right along with childcare in the workplace.

--Rachel, 24 years old, Washington D.C.