#Me Too created a Men in Fear situation even to the World’s Very Important Men”
Across wall street, men are facing a controvercial strategies for the #me too end making their life harder for women.
Wall Street risk becoming more of a boy’s club, since the #Me Too movement created a situation of harassment and abuse in Hollywood,Silicon Valley and beyond.
US vice president Mike Pence said he avoids dining alone with any woman other than his wife. In finance, the overarching impact can be, in essence, gender segregation.
Interviews with more than 30 senior executives suggest many are spooked by #MeToo and struggling to cope. “It’s creating a sense of walking on eggshells,” said David Bahnsen, a former managing director at Morgan Stanley who’s now an independent adviser overseeing more than $1.5 billion.
Women are grasping for ideas on how to deal with it, because it is affecting our careers,” said Karen Elinski, president of the Financial Women’s Association and a senior vice president at Wells Fargo & Co. “It’s a real loss.”
Stephen Zweig, an employment attorney with FordHarrison, said that “If men avoid working or traveling with women alone, or stop mentoring women for fear of being accused of sexual harassment,” he said, “those men are going to back out of a sexual harassment complaint and right into a sex discrimination complaint.”
an investment adviser who manages about 100 employees, said he briefly reconsidered having one-on-one meetings with junior women. He thought about leaving his office door open, or inviting a third person into the room and finally, he concluded saying “Just try not to be an asshole.”
Given the male dominance in Wall Street’s top jobs, one of the most pressing consequences for women is the loss of male mentors who can help them climb the ladder.
Men have to step up, she said, and “not let fear be a barrier.”