Why We Need More Female Traders On Wall Street

business.time.com:

The resignation of JPMorgan Chase exec Ina Drew in the wake of the banking giant’s recent $2 billion trading loss is troubling news for many reasons, but one of the most important rarely gets mentioned: Trading operations need more women, not fewer. There’s good reason to think women are much better-suited for the business than men.

Read the whole story at business.time.com

Comments

[Hibernia86]

11:58 PM on 05/17/2012

Wow, Huffpo, sexist much? There are plenty of men who are doing just fine in trading. We don't need your gender stereotypes.

[RT777]

09:33 PM on 05/17/2012

Jamie Dimon has to go!

[CaptainRenault]

05:35 PM on 05/17/2012

Puff piece.

[MissTake1989]

02:34 PM on 05/17/2012

Remember, gender stereotyping is only acceptable if it makes men look bad and/or women look good.

If the opposite occurs, then gender stereotyping is wrong and foolish.

[warsawnotpoland]

11:44 AM on 05/17/2012

The biggest problem with this and many other issues is that men take unnecessary risks. Whenever you hear of anything crazy - banking collapse, political scandals, affairs - it is not an activity that most women would participate in. It doesn't take a rocket scientist to figure this out.

[MissTake1989]

02:42 PM on 05/17/2012

For some reason, though...most people can't make the connection that those are activities MOST men would not participate in EITHER.

[Salem1]

03:15 PM on 05/17/2012

At the time of Lehman Brothers' collapse, the largest-ever corporate bankruptcy in the history of the United States, both the Chief Risk Officer (Madelyn Antoncic) and the CFO (Erin Callan) were women.

[InedaName]

10:14 PM on 05/16/2012

So women are less likely to abuse power and less susceptible to wanton greed, malfeasance, and disregard for the law simply because we have v@g!n@s? That is total
bullsh!it.

[Amalek]

07:38 AM on 05/17/2012

Little doubt women think differently than men, and behave differently.  Lower testosterone levels make them less aggressive, but high estrogen levels might lead them to cry about bad trades.

[Salem1]

06:30 PM on 05/16/2012

Since a woman, Ina Drew, oversaw and approved all hedges conducted at JPM and was responsible for this mind-boggling loss, perhaps this story should not have been written. This article is beyond moronic.

http://www.csmonitor.com/Business/Latest-News-Wires/2012/0515/Ina-Drew-retiring-after-JPMorgan-losses.-Will-she-get-14.7-million

[MissTake1989]

02:43 PM on 05/17/2012

Typical misogyny.

Saying that we can't blame men for women's actions...

[Salem1]

03:08 PM on 05/17/2012

LOL!

[TarzanWannaBe]

11:23 AM on 05/21/2012

Too funny. :)