“Let’s throw some quantitative analysis on this,” Jerry said. Her first year, Jerry and Vito loudly put together an Excel spreadsheet rating the “f–kability” of the company’s newest female employees. Higgins found Goldman’s culture not just oversexed but misogynistic. “The Fearless Girl” statue was meant to symbolize the challenges women face in corporate America.
On the dance floor, her coworker Jerry shimmied with his assistant, his wedding ring sparkling as he squeezed her gyrating bottom. “Here I was cramming for my pitch and they were having sex.”Īt the first Goldman holiday party she attended, Higgins saw a drunken division head slouched on a couch, straddled by his grinding secretary. “They were able to literally d–k around while their country club parents held their safety nets,” she writes. It angered Higgins that she worked so hard to escape her New Jersey past while many Goldman employees treated the job like a birthright. One late night in the office her first year Higgins went looking for a report but instead found a young female analyst on her knees, fellating a coworker in the printer room. Employees snacked on $200 seafood towers of lobster tails and king crabs, and wolfed down “filet mignon, New York strips, and double Porterhouses so big they hung off the sizzling plates.” Higgins was told by her boss that he needed “a commercial killer, not a class mom.” She was the hardworking daughter of hardworking immigrants who struggled financially, so Higgins was amazed by the “pure decadence” of the company’s required social gatherings: Cocaine was snorted in bathroom stalls and top-shelf liquors gulped greedily. But that didn’t mean she understood Goldman or its employees. we have” and doubling the bonus she was promised to a staggering $80,000.īetween the money and her family’s insistence she stay on Wall Street, her career path was set. She worked tirelessly the first year, doing so well Mike called her the “best. Higgins survived the grueling Goldman Sachs training program in 1998, passed her licensing exam and became an analyst. The headquarters of Goldman Sachs in NYC. “We didn’t take out loans to pay $35,000 a year for you to get a $20,000 job,” Higgins’ mother said. But her Italian-American family in New Jersey nixed that, explaining they wanted a return on their investment after paying Higgins’ college tuition. Higgins was a reluctant Wall Streeter, having graduated from Bryn Mawr in 1997 and hoping to become a social worker. “Jerry leaned back in his chair, his hands cupped on either side of his face as he called out in a deep voice, while Vito sat next to him and gestured like he was squeezing breasts,” Higgins writes in “Bully Market: My Story of Money and Misogyny at Goldman Sachs” (Simon & Schuster), out Aug.
There was sex, drugs, booze and expensive seafood at the office parties Goldman Sachs workers were obligated to attend, a memoir reveals - and seven-figure bonuses from climbing the company ladder. Another time when she went to breastfeed, Higgins heard the distinct sound of a “moo” coming from male coworkers. The first time she returned to her desk after using the lactation center, Higgins found a carton of milk placed on her computer. Goldman didn’t try to stop her, but her coworkers made their lack of support clear. “No breastfeeding,” she said through tears.īut when Higgins had her fourth child in 2015, she chose to use the lactation center to store her breast milk. Eager to succeed, though heartbroken, Higgins agreed. The reality was that Higgins’ boss, Mike, threatened that she might lose a desired promotion if she spent too many hours at the lactation center instead of her desk. After all, an entire Goldman floor was a lactation center, with hospital-grade equipment and nursing consultants available around the clock. When Jamie Fiore Higgins had twins in 2008, she assumed Goldman Sachs would support her breastfeeding. Wall Street CEOs warn recession is likely - even as their own economists waffle Three-quarters of Wall Street’s junior bankers want to quit their jobs: survey Wall Street banks force Gen Z workers to take down TikTok videos: report Wave of Goldman Sachs workers quit en masse at ‘toxic’ Wall Street giant: sources
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