The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Krawcheck: Women hold 30% of white male wealth; Black women hold 1%
“Women have 30 cents of wealth to every dollar a white man has. Black women have a penny.”
Krawcheck: In crisis, industries retreat from promoting women and minorities
“And it's actually not unusual for industries that go through a period of crisis where you circle the wagons, and what I saw was we'd love to promote this woman or this person of color, but we can't take the risk. So everybody reverts to their comfort and uses …”
Krawcheck found photocopies of male genitalia on her Salomon desk daily
“I would come in every day, and there'd be a Xerox copy of male genitalia on my desk, which was, for a young lady from Charleston, South Carolina, was a little horrifying.”
Krawcheck: Wall Street research and investment banking have irreconcilable conflicts of interest
“Our analysts on Wall Street were doing investment banking and research for two different sets of clients where the conflicts were 1000% clear. If you were giving one good advice, you were giving the other bad advice.”
Citigroup fired Krawcheck for advocating client reimbursement during the financial crisis
“Happily, the reason that I was fired from Citi during the financial crisis, and now a decade plus ago, was because I had advocated for returning client money.”
Krawcheck: Escalating a CEO disagreement to the board guarantees getting fired
“If you ever take the CEO onto the board, you will be fired. It's just going to happen. You may win, you may lose. Whatever happens in the battle, you will be fired.”
Krawcheck: Ellevest freezes hiring if diversity metrics drop below internal benchmarks
“Today, we're two-thirds women at the company. We're 40% people of color. Our engineering team is half women. And any time we move off of those kind of diversity levels, you know, I say, we just stop hiring, and then force everybody to make sure that we continu…”
Krawcheck: 99% of Mutual Fund Assets Are Managed by Men
“In an industry where 99% of mutual fund dollars are managed by men, mostly white, 98% of investment dollars are managed at companies run by men, 86% of financial advisors are men, average age, low sixties.”
Krawcheck sacrificed millions ending Bernstein's investment banking to fix research conflicts
“And I took us out of the investment banking business, gave up millions of dollars in revenue, lost analysts who weren't making as much money, thought it was over.”
Krawcheck: Keeping cash costs average-earning women $1 million over a lifetime
“A woman making 85,000 dollars keeps 71 cents of every dollar in cash, it cost her versus a similarly situated guy a million dollars over her life.”
Krawcheck: Women control $7T in investable assets, with 90% managing finances independently
“Women control seven trillion dollars, investable assets, 90% of women manage their money on their own at some point in their lives.”
Krawcheck: Women Reinvest 90% of Wealth into Communities and Families
“When they create wealth, 90% of it goes into their communities and their families, and we give more money to nonprofits as a percent of our wealth.”
Krawcheck: Diversity in finance went backwards after the financial crisis
“Do you know that for a long time after the financial crisis, diversity went backwards?”