Word: blacks
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Dates: during 1990-1999
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...When Billy dons his official Harvard security uniform, five times a week, he wears a black wool sweater adorned with a Harvard patch. A red stripe runs down his black pants to the sneakers that pass for shoes from far away. He attaches a walkie-talkie and a hefty set of keys to a belt that snaps together with plastic clasps. His hat with a #157 badge covers his thinning white hair. When Billy speaks, he mixes his local accent with phrases such as "one might say" and "so to speak...
...money, maybe $13,000, but that's not a year's worth of work. In the long run, the agreement wasn't worth the paper it was printed on." Harvard replaced the vacated positions with subcontracted workers from Security Systems Incorporated (SSI). Instead of the traditional black Harvard uniform, they wear bright white shirts with an SSI badge. "They gave us a contract with no raise for four years, across the board. That hurts," Billy says. "And we didn't get a raise in the last four years. The cost of living increases 3 percent a year. That...
...When the interviewers gather with the candidates for a 4 p.m. briefing session, you can tell at a glance who's who. The half-dozen Yalies sit stiffly in black suits and red ties. "No one told you guys it was business casual?" one interviewer says. Shemmer tries gamely to strike up conversation. "So what do you guys do at Yale for fun?" he asks. "Math club? Chess club?" Another analyst rolls her eyes. "It's the same jokes every year," she complains. Shemmer is unbowed: "Seen any good movies lately?" Murmurs. "Quiet crowd here." Just before the presentation starts...
...order in to their desks--the world of the two-martini lunch is long gone. But twice a week, the company caters a meal for all its employees. And it's a good one: salmon filets, roasted asparagus, rice and potatoes, with cheesecake for dessert. The staff gathers around black tables in the conference room, and for half an hour the office feels like a dining hall. Cliques form in different corners--secretaries over here, a small group of partners towards the back, and two big tables of analysts and associates. The stock talk continues: "Did you see Zamba? Good...
...lack of women in the office is especially mysterious since Broadview seems committed to other kinds of diversity--several of the analysts are Indian or East Asian or Middle Eastern (although I don't notice any black analysts). So why the gender imbalance? Analysts speculate that most women are turned off by the aggressive, combative nature of investment banking. "The environment can be a little crass, but it's fun," one analyst tells me. "There's a certain type of woman who can work here, and a certain type who can't." Shemmer echoes that sentiment: "In general I-banking...