Monday, July 25, 2011

Old Boys' Club

What do they have in common? Brooksley Born, Sheila Bair, Christina Romer, Elizabeth Warren.

Strong women economists, outside of the old boys' club, responsible first to the American people - including small business owners and those of us who are self-employed.

And all of them sidelined, shut up, insulted and discounted.

There's a disturbing and discouraging pattern here. We need to recognize it and call it out.

(h/t to Desiree, who recommended the excellent Born documentary)

3 comments:

  1. It is so disturbing. Clearly, big money interests continue to be protected and normal people gutted. Quite honestly, the OTC derivatives Brooksly Born was trying to regulate was equivalent to Madoff's Ponzi scheme. Shocking. I look forward to reading Joe Nocera's book "All the Devil's are Here."

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  2. Nocera is emerging as a strong champion of these women, for sure.

    I've always thought he was terrific. Very glad he's become an op-ed columnist.

    His book is great, from what I hear. It's on my loooonnngggg list!

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  3. I recently read the exit interview with former FDIC chief Sheila Bair and was outraged. I thought the same thing about the Old Boy's network being alive and well.

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