A long-running class action gender discrimination lawsuit against Goldman Sachs may go to trial this year, containing allegations of bias and predatory behavior at the vaunted Wall Street firm.
It's the culmination of years of toxic culture, according to ex-Goldman executive Jamie Fiore Higgins. In a new book, she exposes what she claims is a deeply troubling environment — one where employees are expected to act as if families don't exist and unwanted sexual advances not only happen but are covered up.
In "Bully Market: My Story of Money and Misogyny at Goldman Sachs" (Simon & Schuster), the former Goldman Sachs managing director pulls back the curtain on an organization she claims is focused rightly on profits, but also turns a blind eye to out-of-control, lavish parties; rampant drug use; and a discriminatory culture holding back the few women and people of color at the company.
