Saturday, May 12, 2012

Do women make safer decisions?

The conventionally -  wise argue that the global economic crisis would not have happened if more women had headed financial institutions. This is an argument difficult to support or to contest in the absence of critical mass of women CXOs in the financial industry.

The JP Morgan Chase crisis probably disproves the hypothesis. Their Chief Investment Officer is Ms.Ina Drew who seems not to have sensed what was happening to the bank's derivatives portfolio. One swallow may not a summer make. At the same time, gender-based generalisations do not seem to make much sense.

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