Trendspotting: Women Clean the Street
Ladies’ Might
It was mostly men who got the U.S. into this financial mess (sorry, fellas!), so it makes sense that women have been called in to oversee the fix
Lamentably, it’s true that the financial system that has put so many Americans in tight spots was created—and mostly run—by people of the, um, male persuasion. Now women have been tasked with captaining the recovery, including Sheila Bair, chairwoman of the FDIC; Mary Schapiro, chairwoman of the SEC; and Elizabeth Warren, chairwoman of the panel overseeing the TARP bank bailout. The question has been asked: If women ran Wall Street, would we be in this mess? No one can answer that, and some are lamenting the “women come in to clean up” angle as a tad sexist. No matter. If these high-powered people of the female persuasion can shepherd the turnaround of our economy, we just might learn the answer to the enticing query.




