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Goldman being sued for sexual discrimination



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The numbers certainly don't look favorable for Goldman Sachs. NY Times:

Three women formerly employed by Goldman Sachs sued the investment bank on Wednesday, contending that the firm systematically discriminates against its women employees.

The lawsuit, filed in United States District Court in Manhattan, claims that Goldman intentionally pays its male employees more than their female counterparts, and promotes them more frequently. A persistent pattern of bias has resulted in an underrepresentation of women in the firm’s management ranks, the complaint alleges.

“The number of women in management positions at Goldman Sachs dwindles as the level of management rises,” says the complaint, citing firm data that show women making up 29 percent of the firm’s vice presidents, 17 percent of the managing directors and 14 percent of its partners.


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