The head of the FDIC, the head of the TARP Oversight Panel, the head of the SEC. What do they have in common?
They’re all women (in charge of cleaning up the messes, of course). And they’ve all been put down by men.
Here’s what the men had to say (from an article in Time written, notably, by a man):
About Sheila Bair, FDIC chair: “I cannot believe the continuing audacity of that woman.” (She had the audacity to warn Washington Mutual, a bank that subsequently collapsed, about its problems.)
About Elizabeth Warren, TARP Oversight Chair: “That’s not what reports are supposed to look like.” (From some Capitol Hill official.)
“Why not?” she asked.
“The language is far too direct.”
About Mary Shapiro, SEC Chair: “[I won’t be] intimidated by some blond, 5-ft. 2-in. girl.” (From the head of the Chicago Board of Trade, after Shapiro refused the traders’ request to be exempt from federal regulations.)
Her response? “I’m 5-ft. 5.”
You have to feel sorry for these poor marginalized chest-thumping white guys.
Or maybe not. They’ve done enough damage.