Writing with flair and passion, Bren salutes the courage and talent of true groundbreakers.
A significant study of the trailblazing women who broke through the Wall Street barrier.
In this illuminating account of a collection of important women in the financial industry, Bren, author of The Barbizon, focuses primarily on Wall Street from the 1960s to the present day, noting how the finance sector retained its sexist culture even as American society was changing around it. During this era, the first generation of women worked as secretaries and typists, laying the foundations for the next wave of women who had graduated from business schools. They took jobs as researchers and analysts, but most found themselves locked out of the big-money trading jobs in the male-dominated industry. Bren tracks the careers of several women who, through ability and persistence, managed to move up. Still, it was a constant battle against tokenism, excuses, and unapologetic sexism, and women found themselves working twice as hard for half the recognition. Legislation prohibited discrimination in hiring and promotion, but the more insidious problem was the old-boy networks, fueled by boozy lunches and post-work outings to strip clubs. “The female pioneers of Wall Street…pushed into uncharted territory not knowing what awaited them there other than men, lots of men, few of whom were going to roll out a welcome mat.” Nevertheless, progress continued, and some women went on to establish their own trading firms. Throughout this fascinating business and cultural history, Bren fleshes out the story with instructive anecdotes, and she provides a series of biographical sketches in an appendix. While the situation has markedly improved, there are still far too few women in positions of power and leadership in the finance industry. We might hope that Bren returns to the subject in another decade or two for a further assessment.
Writing with flair and passion, Bren salutes the courage and talent of true groundbreakers.Pub Date: Sept. 17, 2024
ISBN: 9781324035152
Page Count: 352
Publisher: Norton
Review Posted Online: June 21, 2024
Kirkus Reviews Issue: Aug. 1, 2024
BOOK REVIEW
A sharp, entertaining view of the news media from one of its star players.
The veteran newscaster reflects on her triumphs and hardships, both professional and private.
In this eagerly anticipated memoir, Couric (b. 1957) transforms the events of her long, illustrious career into an immensely readable story—a legacy-preserving exercise, for sure, yet judiciously polished and insightful, several notches above the fray of typical celebrity memoirs. The narrative unfolds through a series of lean chapters as she recounts the many career ascendency steps that led to her massively successful run on the Today Show and comparably disappointing stints as CBS Evening News anchor, talk show host, and Yahoo’s Global News Anchor. On the personal front, the author is candid in her recollections about her midlife adventures in the dating scene and deeply sorrowful and affecting regarding the experience of losing her husband to colon cancer as well as the deaths of other beloved family members, including her sister and parents. Throughout, Couric maintains a sharp yet cool-headed perspective on the broadcast news industry and its many outsized personalities and even how her celebrated role has diminished in recent years. “It’s AN ADJUSTMENT when the white-hot spotlight moves on,” she writes. “The ego gratification of being the It girl is intoxicating (toxic being the root of the word). When that starts to fade, it takes some getting used to—at least it did for me.” Readers who can recall when network news coverage and morning shows were not only relevant, but powerfully influential forces will be particularly drawn to Couric’s insights as she tracks how the media has evolved over recent decades and reflects on the negative effects of the increasing shift away from reliable sources of informed news coverage. The author also discusses recent important cultural and social revolutions, casting light on issues of race and sexual orientation, sexism, and the predatory behavior that led to the #MeToo movement. In that vein, she expresses her disillusionment with former co-host and friend Matt Lauer.
A sharp, entertaining view of the news media from one of its star players.Pub Date: Oct. 26, 2021
ISBN: 978-0-316-53586-1
Page Count: 528
Publisher: Little, Brown
Review Posted Online: Oct. 25, 2021
Kirkus Reviews Issue: Dec. 1, 2021
BOOK REVIEW
SEEN & HEARD
SEEN & HEARD
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.
“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.
It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.Pub Date: Nov. 12, 2019
ISBN: 978-1-61039-950-0
Page Count: 432
Publisher: PublicAffairs
Review Posted Online: Aug. 28, 2019
Kirkus Reviews Issue: Sept. 15, 2019
SEEN & HEARD
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