Wall Street Rule for the #MeToo Era: Avoid Women at All Cost

Wall Street Rule for the #MeToo Era: Avoid Women at All Cost. By Gillian Tan.

No more dinners with female colleagues. Don’t sit next to them on flights. Book hotel rooms on different floors. Avoid one-on-one meetings.

In fact, as a wealth adviser put it, just hiring a woman these days is “an unknown risk.” What if she took something he said the wrong way?

Across Wall Street, men are adopting controversial strategies for the #MeToo era and, in the process, making life even harder for women.

Call it the Pence Effect, after U.S. Vice President Mike Pence, who has said he avoids dining alone with any woman other than his wife. In finance, the overarching impact can be, in essence, gender segregation. …

While the new personal codes for dealing with #MeToo have only just begun to ripple, the shift is already palpable … For obvious reasons, few will talk openly about the issue. Privately, though, many of the men interviewed acknowledged they’re channeling Pence, saying how uneasy they are about being alone with female colleagues, particularly youthful or attractive ones, fearful of the rumor mill or of, as one put it, the potential liability.

A manager in infrastructure investing said he won’t meet with female employees in rooms without windows anymore; he also keeps his distance in elevators. …

Caught between a rock and a hard place (between reality and feminism?):

There’s a danger, too … said Stephen Zweig, an employment attorney with FordHarrison.

“If men avoid working or traveling with women alone, or stop mentoring women for fear of being accused of sexual harassment,” he said, “those men are going to back out of a sexual harassment complaint and right into a sex discrimination complaint.”

Remember the “all men are potential pedophiles” paranoia from a decade or two ago? Now any occupation with children, like teaching, is quickly becoming a single sex one. Segregation is occurring everywhere, thanks feminists.

hat-tip byrmol