BUSINESS

Inside Goldman's Secret Misogynist Culture

11/28/2012 08:25 am ET | Updated Jan 28, 2013

Goldman Sachs has released its annual list of promotions to partner and managing director, and, not unusual for them, women represented only 14 percent of inductees into the highly lucrative lifetime partner positions. Jordan Weissmann's recent post here at The Atlantic, "Why Don't More Women Get Promoted at Goldman Sachs?" examined research by economists that sought to explain societal reasons why women in business don't make as much as their male peers. According to this research, Weissmann reported, children are largely responsible for the gap: "family obligations were in fact a huge part of the reason why females have so much trouble climbing the elite corporate ladder."

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