Women Shouldn't Run Wall Street: Why a Role Reversal Won't Work

This week’s New York magazine includes a piece called What If Women Ran Wall Street by Sheelah Kolhatkar, analyzing testosterone’s effects on the male-dominated world of trading. It’s not an altogether new point. Our own Mary Carmichael talked about it a couple of years ago. And economists at Davos last year argued that the presence of more women on Wall Street might have averted the banking crisis. "Women are more cautious," Muhammad Yunus, the head of Grameen Bank, said at the time. "They wouldn't have taken the enormous types of risks that brought the system down."