Other People’s Money: Anne Clarke Wolff on the Wages of Sexism
Against the Rules with Michael Lewis
Pushkin Industries
4.4 • 9.9K Ratings
🗓️ 22 February 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
Liar’s Poker is set on a Wall Street where women were the last hired and first fired — and that was probably the least of their worries. Is Wall Street today any better for women? Michael speaks with Anne Clarke Wolff, who was in the training class at Salomon Brothers a few years after him. She is starting an investment bank that will be majority owned and managed by women and minorities. The firm’s nickname? “Salomon Sisters.”
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Transcript
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| 0:00.0 | Pushkin. |
| 0:11.2 | Here's the original contract for Lyres Pucker, January 88, and the title on the contract |
| 0:17.4 | was Fast and Loose in the Golden Years. |
| 0:19.6 | Do you believe that? |
| 0:21.1 | Oh my god. |
| 0:22.1 | Oh my god, it's right. |
| 0:24.6 | All right, here is an information sheet that they wrote when they were trying to figure |
| 0:28.4 | out what it was. |
| 0:29.4 | This can accurately be described as a nonfiction bonfire of the Vanities. |
| 0:34.8 | And Michael Lewis himself was nothing other than a master of the universe. |
| 0:38.4 | The term actually used on the Solomon Trading Floor is big swinging dick. |
| 0:42.8 | Lewis describes from the inside his rakes progress through the fabulous palace of greed, ambition, |
| 0:48.1 | and folly that was Solomon Brothers in the 1980s. |
| 0:51.0 | This is a born storyteller. |
| 0:53.1 | Blah blah blah. |
| 0:54.1 | A storytelling asset. |
| 0:55.9 | Yeah, how about that? |
| 0:57.9 | A storytelling asset who, for the rest of his career, will be known mainly as the guy |
| 1:04.9 | who coined the phrase big swinging dick, which I didn't even do. |
| 1:10.0 | But there was some truth in that phrase because it's Solomon Brothers. |
| 1:13.3 | Anatomy was destiny. |
| 1:15.8 | The sexism there was from another age. |
... |
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