Word: white-collar
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Never have so few plundered so much from so many as did those financial buccaneers of the 1980s, Ivan Boesky, Michael Milken, Martin Siegel and Dennis Levine. And not often has a story of white-collar crime been told in such juicy detail as in this best seller by the Wall Street Journal's front-page editor...
Never have so few plundered so much from so many as did those financial buccaneers of the 1980s, Ivan Boesky, Michael Milken, Martin Siegel and Dennis Levine. And not often has a story of white-collar crime been told in such juicy detail as in this best seller by the Wall Street Journal's front-page editor...
Perhaps this recession has produced more publicized malaise than most because it has hit the upper classes more than most. White-collar workers usually escape recessions. In 1981-82, for example, the white-collar unemployment rate increased one-sixth as much as the blue-collar rate. This time it has increased fully half as much. The factory worker has the ballot box, but he has less access to the national soapbox than do the manager and the office worker, the M.B.A. and the journalist now on the street looking for work. In part, then, this recession has been hyped...
Edith Magee is typical in that the most common targets of harassment in blue-collar jobs tend to be women who are breaking into fields once dominated by men. In white-collar professions, most victims are "women in lowly positions," says Susan Rubenstein, an attorney in San Francisco who specializes in sexual-harassment cases. "A secretary will get harassed before a lawyer, a paralegal will get harassed before an associate." Particularly in male bastions, women find that feminism becomes, ironically, a weapon in the attack...
From this perspective, women have a lot to lose if they press the issue of sexual harassment too far. Particularly in white-collar settings, younger workers rely on mentors to help them learn the ropes and advance their careers. If a boss is afraid that his interest in a protege's success will be misconstrued, the safer path is to avoid mentor relationships. "While it is perfectly fine -- and normal -- for a mentor to say to a man, 'Let's have a drink, or play golf, and talk about that promotion,' it's harder for a mentor to do that...