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for the wrong reasons. flip the coin to wall street, where the story is much different. women have taken a huge hit. not just recently, but over the past decade. as if making 64 cents on the dollar wasn t bad enough ten years ago, women working in the financial sector now make just under 59 cents for every dollar that a guy doing the same job takes home. and when it comes to keeping their jobs, five times as many women as men have been laid off since this recession began. nancy davis, one of those women, she was laid off by jp morgan-owned firm shortly after leaving goldman sachs. nancy featured in a new bloomberg business week article out today, that was written by don kopeche who joins us in new york and from washington emily irvine fighting her own war. donna, i ll begin with you as the author of the piece, frame for us the magnitude of this problem? well women, ad as you said are losing their jobs, lost their jobs at almost six times the rate of men during this ....
And derivatives can be used in a position tiff way to reduce risks and mitigate coststh and the way that i always used derivatives and the people i worked with was to kind of take the tails off the trade. well derivative is just a tool. i can use fire to cook dinner or i can use fire to burn down the house it s a tool. i want to bring in audrey irvine, laid off her job as a legal secretary. if you look, audrey, do you feel there was a propensity or a culture of discrimination against women in your workplace? well, legal secretaries are by and large, women. not exclusively any more, but for the longest time, that s who was sitting at the secretary s desk, was a woman. so discrimination? i wouldn t say you could call it discrimination. more of being siloed into that. once you become a secretary, also it s almost impossible to get out of that position. as soon as someone sees that you are a secretary, they don t want ....