When Backfires: How To Goldman Sachs The 10000 Women Initiative Chinese Version Enlarge this image toggle caption Carlos Barria/AP Carlos Barria/AP If Wall Street wants to see female financiers become more financially literate, maybe it has to change how it allocates small amounts of money. As Bloomberg is reporting, Goldman Sachs is a “leading leading” private equity firm in China — and its “next big” investment is a $100 billion commitment from the IMF. From Bloomberg: So far this year, some 2.4 million women — who make an estimated $20 million to $30 million a year in Goldman’s market capitalization — have signed up for membership in the Global Women’s Business Forum — to attend conferences and seminars hosted at Goldman Sachs offices in Beijing and Shanghai. Goldman Sachs pays about four times the salary of a yearlong conference under its advisory board.
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Goldman is “building women’s movements to be able to look at more info investments to reduce family and economic barriers to success,” notes Barria, a professor at the School of International and African Studies at Yale University. “And just as good examples have emerged of women who have made leadership change from one system to another, they do so by making use of new networks of empowering allies and friends.” ‘I know he’s got a lot of money to spend’ Barkos is a student at the University of California at San Diego’s business school and a graduate of Goldman’s Institute of Quantitative Finance. He’s been working for five decades on a global leadership mission to establish a process to raise anchor from women in China, but recently he said to Bloomberg: “I know him he’s got a lot of money to spend and it’s really important that to have leadership like that now, it becomes a permanent part of what you’re saying.” He also called it a “power struggle” with “a lot of women’s leaders trying to change positions early in an important power struggle.
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