Wall St. men shunning women in fear of #MeToo unknowns

Bloomberg News says that a survey it did with more than 30 senior Wall St. businessmen has revealed that these titans of finance are avoiding women at all costs because they fear committing an unintended slight. Being alone with a woman colleague has the potential to set the scene for allegations or complaints which a man will have to dispute publicly. And they fear, it won’t matter if he does. They’re calling it the Mike Pence Effect. The US vice president said he makes it a practice never to be alone with a woman, even a trusted staffer, except his wife. Don’t sit next to them on flights. Book hotel rooms on different floors. Avoid one-on-one meetings. Across Wall Street, men are adopting strategies for the #MeToo era and, in the process, making life even harder for women, says Bloomberg. In finance, the overarching impact can be, in essence, gender segregation. Interviews with more than 30 senior executives suggest men are spooked by #MeToo and are struggling to cope. “It’s creating a sense of walking on eggshells,” said David Bahnsen, a former managing director at Morgan Stanley who’s now an independent adviser overseeing more than US$1.5 billion. Bloomberg