Beg gay/out bankg? | Wall Street Oasis

gay on wall street

Ken Mehlman’s announcement that he is gay shocked Washgton, but Wall Street showed a progrsive streak.

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A GOLDMAN SACHS PARTNER EXPLAS HIS STGGL AND RISE AS A GAY MAN THE 'LOUD, MASCULE' WALL STREET CULTURE

As a gay man on Wall Street, took s for Michael Broadbery, now a partner at Goldman, to be unabashedly himself at home and work. * gay on wall street *

Disverg his inty the early 90s, as the HIV/AIDS epimic ced a new wave of homophobia, and while attendg an all-boys boardg school, was isolatg and sry, Broadbery said. "My siblgs were a great support the early years, and my mother eventually forced an hont nversatn wh me where she sisted I say the words 'I am gay' so that we uld move on and prerve our very close relatnship, " Broadbery said. "I thk the story of a lot of young gay people is that they tend to leave the area which they grew up and they try to start anew.

"Beg gay on a Wall Street tradg floor was "dntg"Wall Street is stereotypilly thought of as an dtry filled wh men who flnt their masculy — wh a domeerg energy that overtak meetg rooms, watch that flex their e, and a gaggle of women on their yacht ck the Hamptons. It's a trope that has been portrayed and perpetuated movi about the dtry, om "The Wolf of Wall Street" to "Marg Call" and "The Big Short" — and has not clud gay men.

GAY ON WALL STREET

Cur to hear how beg gay is like the bankg world right now? any particular banks ls open-md? Would love to hear how is like for people the dtry now * gay on wall street *

"Havg somebody senr the dtry, somebody senr the firm, take the time to nnect wh me and to tell me was OK to be gay on Wall Street at that early stage of my reer was hugely impactful. "What we're dog terms of rights for our transgenr employe terms of healthre, the typ of dividuals we're hirg, the trag that we do for our employe, has really shifted away om jt gay and lbian to a much broar spectm of the muny and the muny's needs. Ross marvels at how far and fast gay rights have progrsed his untry and dtry — as wh all of those terviewed, he ocsnally pulls back om nuanced discsn to remark, awtck, at the turn of events.

” Ross’s daily work life volv “verg, ” the practice of downplayg the known fact that one is gay (or a woman, or black, or disabled, or... Millennials, born between 1980 and 1998, are “the gayt generatn, ” more than twice as likely as any other to clare themselv one of those tegori. “It’s fascatg to look at, ” says Richard Soris, a proment gay executive at nsultant work Gerson Lehrman Group and a former Clton Whe Hoe adviser.

“We were both on Wall Street, and Wall Street at that time, you know — the one mory group that was ee game for everybody was the homosexual muny.... Early on, Goldman Sachs, JPMan, and bulge-bracket fellows put their meangful rourc and nservative reputatns behd gay rights and marriage equaly, powerg the movements over the le when succs was far om certa. Beg a Black, gay profsnal on Wall Street for over thirty years, I have had a ont row seat to how the vtment muny has evolved when to vtg historilly margalized muni.

BLACK AND GAY ON WALL STREET: OTHO KERR ON HAVG A FRONT-ROW SEAT FOR OVER 30 YEARS

hey guys, wh all the diversy talk do help to be a gay banker? apparently gays are actively reced. at my school beg gay actually helps you get ... those on the * gay on wall street *

While I certaly enuntered a few racists and homophob while workg on Wall Street, I actually found myself fortunate to spend most of my time workg wh folks who not only had an tert their profsns but had an tert helpg unrserved muni as well. Historilly, very ltle tradnal vtment pal has flowed to people who look like me – Black and/or gay – eher formally through the pal markets or rmally via iends and fay.

While racism and homophobia has certaly driven vtment cisns and the lack thereof, who had accs to pal was a functn of who you knew.

Beg Black and gay, I’m keenly aware that orr for all of to succeed, we need an enomy that works for everyone, not jt for those who have already accumulated wealth or have accs to wealth. The Tth shall set you ee 4 2 IBIntern  IB - DCMAnonymo 6mo I mean, I agree wh you, I don't thk people should be shovg their private liv here there and everywhere, gay or otherwise.

BEG GAY/OUT BANKG?

* gay on wall street *

I'm jt sayg that if s such a big part of them (ik a lot of gay people do), then I don't thk that they'd face phback and sly ments anymore.

ACTIVISTS NMN VLENCE AGAST LGBTQ MUNY ST. VCENT, WHERE GAY SEX IS ILLEGAL

Big banks have been among the most vol supporters of gay rights the workplace. Many LGBT bankers ld the progrs but say diversy efforts still sometim fall short. * gay on wall street *

1 Most HelpfulIBAnalyst 1  IB - GenAnonymo 6mo As you'll see threads like the, unfortunately some people the dtry clearly have a problem wh gay hontly that's their problem to al wh.

GAY BANKERS? + OR - ON WALLSTREET

I know of a gay MD and he is very succsful, do a lot of diversy work and is publicly out and hasn't impacted his revenue generatn a very stodgy dtry area.

GOT A GAY ORGY SCENE TO SHOOT? MART SRSE CALLED THIS CHOREOGRAPHER

It's jt not necsary a profsnal settg) 2 IBVP  IB-M&AAnonymo 6mo As long as you're not kd of person tryg to make everythg to a "gay issue" no one r, activism the workplace of any kd is annoyg, don't be that person. But stead of gays wh pickl, was ladi wh bananas (too much potassium n e problems as extreme as heart attacks) IBAnalyst 1  IB - CovAnonymo 6mo [Comment removed by mod team] IBAnalyst 2  IB-M&AAnonymo 6mo Hontly I work unr an MD who is openly gay and no one really r. " No one giv a sh, and 'll only be a problem if your entire personaly is centered around beg gay and lettg everyone your jt a normal guy and have normal nversatns wh people, there will not be a problem unls you have some need to show that you're "out" every topic, meetg, and discsn.

If I were a bankg client who had someone like that e to a ll or know that they are leadg buyer lls like that, I would take my bs somewhere else; not bee the guy is gay, but bee is pletely unprofsnal and lacks any sort of self awarens.

GAY BANKERS, ONCE SILENT, SPEAK OF PROGRS — AND HURDL

1 9 IBAnalyst 1  IB-M&AAnonymo 6mo I'm a PE associate now, jt haven't bothered updatg my no way am I tellg gay people how to act; 's simply te that if you're gog to fance (or any other reer that requir profsnalism) and make "beg gay" your entire persona, you're not gog to do well and lots of people are not gog to like you. Pl, if that's your entire personaly you are serly one-dimensnal and probably a negative to any IB that may accept 's not bee people are homophobic (granted there will be people like that, poundg the negative effect), 's bee 's pletely idtic to make everyone around you know 24/7.

I don't tell other associat or my superrs that I want to bang women; 's simply irrelevant to the job and you should be fired for dog that whether you are gay or I'm sayg here is that you should act and look like a normal, rpectable person, otherwise you should go fd a ad-end job where all the other people who share a siar mdset eventually end up.

There's been an entire, legimized movement to pot out all the flaws and shortfalls of straight men society, and has been far more btal than the "beg gay is fe, if snowballs to beg unprofsnal be an issue" advice OP provid.

WALL STREET CEOS OPEN UP ABOUT THEIR GAY SONS

Ofc he was jt tryg to look out for me IBAssociate 1  IB-M&AAnonymo 6mo If you're NYC or SF, you're probably treated better beg openly gay than beg a nservative.

Sce old, young, rich, poor, stupid, smart, whe, black, nservative, liberal all have the same chance of beg gay, there isn't really a stigma/anti bias imo. If, separately, you re about liberal vs nservative that is another thg entirely and you n self pick based on is way harr to be a woman for stance 1 I'm a mascule gay and s been a ltle rough navigatg the rporate landspe where you nstantly have to rrect others perceptn of you. The "normal" gays like me (thk Jared Polis, Pete Buttigieg, Peter Thiel, Dave Rub, etc) are ually the typ that end up high payg rporate jobs and keep to themselv.

I n't adm I stayed out partyg at the gay bars and flyg to gay events on the weekends bee I'll get asked weird qutns about my "liftyle". I thk one of his ma pots is that people have a pre-nceived notn of gays as rabow wearg, flamboyant people and he has to go super far out of his way to avoid other people tomatilly type-stg him as that.

GAY HISTORY – NYC MARCH 24, 1987: ACT UP STAG ITS FIRST MAJOR PROTT ON WALL STREET, 17 ARRTED – [VIDEOS]

5 1 If you said you went to the pri para and walked him around on all fours a leather gimp su while he barked like a dog would be a b this your flt notn of what average gay upl do though? Nobody giv two shs about your personal life gay, straight, trans, whatever - your goal should be to assiate and unfortunately that means fallg le as far as how you drs, rry yourself, teract wh lleagu, etc. From homelsns to ongog physil and verbal abe, the gay muny the small natn of some 100, 000 people says is unr nstant threat.

Human Rights Watch terviewed more than 20 members of the island’s LGBTQ muny who shared their stori but were not intified to protect them, notg that lol police are often openly discrimatory toward gay people who seek help.

Several reported that their fai are homophobic and physilly and verbally abed them, g them to bee homels and promptg some to nsir suici. Many also stggle to fd jobs amid a high unemployment rate and said they face discrimatn, cludg a 19-year-old gay man who said he has rorted to beggg: “Sometim I am so hungry. González wh Human Rights Watch noted that 2019, the ernment held a workshop for public employe on the importance of rpectg gay rights, a rare move for a nservative Caribbean natn.

GAY ON WALL STREET, THE LTLE BLUE PILL AND OTHER ADVENTUR

Comment below: would be an advantage when alg wh HR but not bankers Like you said, gay ndidat have a very signifint advantage gettg an offer sce banks want to promote diversy.

I've spoken wh many LGBT people at the MBB firm I'm at (there's a small group of them my office) and they've all had credibly posive you're gay and don't have your heart set on bankg, there's a home for you nsultg.

Comment below: rednja:Unlike bankg, which I've heard om many sourc n be credibly homophobic, nsultg is very welg to gay ndidat. I've spoken wh many LGBT people at the MBB firm I'm at (there's a small group of them my office) and they've all had credibly posive you're gay and don't have your heart set on bankg, there's a home for you n you hate gay people to the pot of suggtg they bee nsultants? That rmatn is nobody's bs and should be kept issue there is isn't actually nsired a sexual preference by most, particularly those that are gay or support gay rights.

*BEAR-MAGAZINE.COM* GAY ON WALL STREET

Gay History - NYC March 24, 1987: ACT UP Stag Its First Major Prott on Wall Street, 17 Arrted - [VIDEOS] .

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