50 Most Powerful Women….and “Drama”???
December 26, 2008
by Amy Siskind
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Fortune Magazine just came out with their 2008 list of the 50 Most Powerful Women.
Lest, we forget this is a list of women, here’s the first line of the article:
Talk about drama!
I mean, c’mon, really….if this were a list of the 50 Most Powerful Men, there certainly would be some seat changes. Would that then constitute “drama”???
Hats off the wonderful women who have made the list this year.
As a former Wall Street woman, I note with a bit of sorrow that Sallie Krawcheck and Zoe Cruz are no longer on the list. As we previously wrote about in our blog piece Wall Street Without its Top Three Women, 2008 marks the year that the top three women on Wall Street got the proverbial axe. We also noted in that piece that since these women were fired from their respective positions, one investment bank went bankrupt (Lehman), while the other two (Morgan Stanley and Citicorp) lost the majority of their value.
If TNA wants to be an activist org, here’s an easy way to get visitors and members going with little effort required:
When posting a thread like this (btw, thank you for it!), write a line or two encouraging people to contact the magazine about the piece and the language used (i.e. “drama”) and provide a link or links to the site and/or direct e-mail addresses.
Just clicked on the link and what I found even more fascinating were the links on the right hand side regarding the highest paid men and highest paid women. Just a touch of discrepency there. I think the highest paid man earned $350 million whereas the highest paid woman (in 2007) earned about 10% of that, if I was reading it correctly, which I may not have done since I was and am in a rush. Anyone else with a few minutes may want to check it out and report back. Or, I will spend more time tomorrow when I have more time to dig into it.
Well regarding the Wall street women who were let go and the Wall street meltdown. I thought Martha Stewart went to prison several years ago to cure Wall street of corporate greed and evil. So didn’t putting a woman in prison and laying off other women cause the men on Wall street to become fearful of cheating? Gosh!
We want to encourage media outlets and companies to acknowledge the accomplishments of women. At the same time we must stop the sexist language and subtle put downs (i.e., the “drama”, and listing 3 women as ‘fired’ when that wasn’t really true).
Here are some possibilities as we think about strategies to address this:
Patricia Sellers, Fortune Editor at Large, has several recent good entries on their site:
1. Women at the top, not! http://postcards.blogs.fortune.....e-top-not/
2. Women on boards (still not!): http://postcards.blogs.fortune.....still-not/
Quick idea: Perhaps TNA could team up with Patricia Sellers and ask her to write a piece on the “drama” and “fired” issues; or TNA could write a piece or one jointly with her, etc. Add the links to each other’s sites, plus good comments on the sites, and we’ll reach more people.
Thanks for the links ER!
HELP NEEDED!!! (Sorry, off topic.)
We need to get over to the Huff Post and respond. It would be a great place to make a comment and a link to the video “Where’s the Line?”
http://www.huffingtonpost.com/.....53394.html
http://thenewagenda.net/2008/1.....-campaign/
(hat tip: Thia)
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