Despite a recent article in New York magazine which asked the question, “What if Women Ran Wall Street?” it is clear from the data that those kinds of hypotheticals are just that – hypothetical.
A recent survey released by the Financial Women's Association (FWA) reveals that in 2009 the presence of women at the highest levels of major corporations in New York remained flat, while the number of women in board and executive positions either increased slightly or decreased when compared to the 2008 study. The FWA study examined a cross-section of the largest public companies (ranked by revenue) in the metropolitan New York area, looking at proxy statements filed with the Securities and Exchange Commission, as well as other SEC filings, articles, and company websites.
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