Female advisers slap Bank of America with sex discrimination suit

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Apr 1, 2010 10:42 pm

"The plaintiffs — Judy Calibuso, Julie Moss and Dianne Goedtel — claim
that they were discriminated against as financial advisers working at
Bank of America Merrill Lynch in the opportunities made available to
them, including account distributions; their pay; and the professional
support they were provided."

Is there anyone who thinks that this isn't BS? My experience was quite the reverse when I was at a wire - women trainees we're helped at every turn.The profession is pretty much 90% men, so management seemed desperate to keep up the spirits of every woman that came into the boardroom. What caused most women to drop out was that they had a hard time putting up with the rejection that comes with cold calling.

WhaI never received any decent accounts by management, or "professional support" (whatever the hell that means). I found the atmosphere to be not so much "eat what you kill" as "watch you're ass, punk" and my pay was about what a starting schoolteacher makes in Detroit. My view of the profession - when I started (and still today), was that you're pretty much on your own. Was there some kind of land of kittens and rainbows that I missed? Did my branch really suck that much? Should I have started at the other branch at the other part of town where everyone (but women) got handed accounts and were assigned executive assistants in the training program?

Apr 2, 2010 3:59 pm

Do you think this is part of an ongoing issue of discrimination against women at Merrill?  Not trying to start something, but legitemately curious what you think as you worked there.  Merrill is not the only wire that has had this finger pointed at them, but it does seem to come up a bit.