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20-First
Banks Must Have More Women at the Top to Avoid Another Crisis
June 5th, 2009
It's time to move beyond the "Lehman Sisters would have survived" argument, which suggested that if women had been in charge, the banks would not have fallen into crisis in 2008, says Avivah Wittenberg-Cox, CEO of the consultancy 20-first, author and publisher of the new business website, http://www.WOMEN-omics.com. "Yes, women do have a right to be angry. The leadership teams of the banks that failed to judge the risks they were taking properly are dominated by men," she says. "But," she says, "the most important question for all those concerned about the future robustness of the financial sector is what is the risk of not having...
Source: Health Business Week (2009-06-05)
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