silent_scars_024
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« on: May 25, 2009, 09:46:17 AM » |
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From what I\'ve tried to understand, I thought this was deductive-- only later to be told most Op/Ed articles are inductive. What do you think??? Your reasonings to back it up? And to be honest- I think I have an idea of a fallacy-- but I am not sure if I found any.. below is the article... --------------------------------------... In Mel Brooks\' classic film, \'\'Blazing Saddles,\'\' actor Cleavon Little attempts to aggravate the white men surrounding him in the unsettled West. After he reveals himself as a black man, hiding under a racist white robe, he arrogantly addresses the men around him with this question: \'\'Where\'re the white wimmin at?\'\'
As I read the financial news, I think it may be worth raising a similar question: Where are the women? I\'ve read story after story telling us about the greed, deception, corruption, and lack of ethics displayed by the corporate titans who have decimated our financial system through one despicable act or another. I\'ve seen photo after photo of Wall Street executives, automotive leaders and Fannie and Freddie miscreants as they paraded before Congress and the press to explain their deeds.
And I think: Hey! Aren\'t women business leaders despicable, too? Wait just a minute Â
I haven\'t seen any women in these photos or read any women\'s names in the headlines.
I may be thinking about this the wrong way. It probably doesn\'t really indicate anything about our \'\'equality\'\' or \'\'empowerment\'\' as women. In fact, maybe it\'s infinitely better for women in business everywhere that we don\'t have a female face or name headlining the bad news each night. But it\'s hard to believe -- in 2009 -- that men alone are on the hot seat here. Hadn\'t women fought their way out of the kitchen and into the boardroom decades ago? We should have something to show for it, no? We entered industry and sat along the perimeter forty years ago. By now, our seat should be at the head of the table. Surely a woman\'s name appears at the top of an org chart somewhere on Wall Street or in Detroit. Or even at the top of a government mortgage agency.
The media may be getting this all wrong. It\'s possible that men and women are more on par professionally than we\'ve been led to believe as a result of the disturbing stories and photos we\'re seeing of late. I turned to Fortune magazine to try to quantify the movers and shakers of industry and ascertain whether or not we have indeed come a long way, baby.
I found out. No, we haven\'t. Here\'s how I know. The total compensation for the 25 highest-paid men on the Fortune list for the year 2007 ranges from $350 million annually, earned by Steve Schwarzman, chairman and CEO of The Blackstone Group, to $41.9 million pulled down by Larry Fink, chairman and CEO of Black Rock, who landed at number 25. Twelve of the men on the list work directly or indirectly in finance; six others in communication industries; two work in mining, two in energy-related fields and one in the food industry. Oh, the other two work in the gambling industry. They rank third and fourth on the list and made nearly $150 million each.
The women listed in Fortune are also doing very well, if by very well you mean that the top-earning woman didn\'t earn as much as Mr. Fink (last on the list of the top 25 men). Sharilyn Gasaway is at the top and earned $39.8 million at Alltel. Carrie Cox (ranked 25th) earned $8.9 million at Schering-Plough. The women\'s list represents more industries, including finance, pharmaceuticals, food, technology, health care, communications, clothing, online retail, cosmetics, mining and more.
Here\'s the point. I\'m not advocating that women prove their professional gravitas by being every bit as reprehensible as men who abuse their power. They don\'t have to cheat and steal because they think we can get away with it. And it\'s not like it would be personally rewarding to see a table filled with gray-suited (but most likely not gray-haired) women explaining to Congress how they managed to take their auto companies to the brink of extinction.
But what have we learned today? I\'m left wondering what it all meant, all those years ago. At the very top of the game, men still earn significantly more than women, and still appear to dominate traditionally male professions like finance. Wow. Another impressive showing for empowered women the world over.
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