Kathleen Parker: #MeToo's unintended consequences
Excerpt: A recent Bloomberg News headline came as no surprise: “Wall Street Rule for the #MeToo Era: Avoid Women at All Cost.” In a word, it was inevitable. Some men are so concerned about the possible repercussions of what they might say or do that they’re steering clear of women in the workplace altogether. And as a result, according to Bloomberg, Wall Street “risks becoming more of a boy’s club, rather than less of one.” The article focused on the various ways some senior executives in finance have been “spooked” by #MeToo and are “struggling to cope” — resorting to staying on different hotel floors from women when on business trips, not dining alone with any woman 35 or younger, leaving an office door open when meeting one-on-one with a junior female. Generally speaking, these might not be such bad rules but for the fact that, as Bloomberg pointed out, young women often need mentors to advance and female executives are far scarcer than men on Wall Street. And as one wealth adviser said, simply hiring a woman has become “an unknown risk.”
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