Story 123

I’m a woman in my late 20s working on the buyside, and not enough is said about the role women sometimes play in undermining their peers’ careers. A few years ago, two of my colleagues were competing for a promotion, and one of them, in an attempt to get ahead, started flirting with senior bankers.

Eventually, she got involved in an inappropriate situation with our line MD, who had teenage kids, and an accomplished wife. She then leveraged her influence with the MD to sabotage her peer and push her out of the team.

Want to know how I found out about their affair? My sister lived in the same apartment building as this colleague, and she noticed the MD’s car parked on the street nearby for hours after a social event and saw them entering the building together and leaving couple of hours later.

Similar Posts

  • Story 50

    I have been beyond astonished and dismayed by the stories I have read here and I’m also so glad that so many people have a place to speak up and be heard! It is nice not to feel so alone and clearly something needs to change! If sharing on this forum facilitates that then bravo!…

  • Story 234

    1/2 Story 228 highlights the degree to which the powerful men in finance are complicit in keeping women in check and the uphill battle we face on Wall Street. It’s not just about individual behaviour, but the systems that enable it and then distance themselves from the consequences. We’re encouraged to focus on the incident,…

  • Story 202

    The Machiavellian Operator 1. The Shadow Structure: Empire-Building as Self-Promotion Within what was formerly US Personal Banking (USPB) at Citi, the Head of Enterprise Risk and Balance Sheet Management built an internal replica of the Second Line of Defense Enterprise Risk Management team. No other business unit at Citi operates this way. Having come from…

  • Story 55

    I can’t tell you how much this website means to me. Growing up, my sister and I lived in the shadow of our stepfather—a man who used religion as a weapon for his own cruelty. He was an authoritarian in every sense, constantly searching for any reason to punish us. It always felt like he…

  • Story 237

    2/2 Palantir published a wildly unhinged manifesto today, which asserts software companies should help run national defense — and that society should reorganize itself around that idea, including bringing back the draft. Let that sink in — a software company sending your kid to war. Alex Karp is childless. I am not. He’s going to…

  • Story 351

    Fraser’s “Culture Shock” vs. The Middle Management Reality Check Let’s put two realities side by side and look at what’s actually happening on the ground at Citi. A senior executive recently justified the ongoing turbulence by saying it is usual “to have fallout when you bring in new leaders, and that’s exacerbated when you bring…