As the #MeToo movement sweeps through popular culture, unseating powerhouses in industries from entertainment to politics to academia, the financial industry has been remarkably quiet. On Wall Street, complaints of sexism, gender discrimination, and sexual harassment have simmered for years, but there have been no significant personalities removed from their positions or otherwise dethroned from power.
Even just a passing glance at news headlines over the last few months reveals a troubling pattern: companies turning a blind eye when men who are important to the bottom line are accused of sexual harassment.
In a Monday session during the American Bar Association's annual meeting in San Francisco this past weekend, the ABA House of Delegates voted to approve a change to the Model Rules of Professional Conduct that will make it an ethical violation for attorneys to harass or discriminate in the course of their practices.
Donald Trump makes us cringe, but like a stopped clock, he's right once in a while. He says a woman who experiences workplace sexual harassment should find an other job, or even an other career. All too often, that is exactly what happens. Allow us to explain.