Wow… Robert Peston really nails his opinion and his reason for the credit crunch here:
This paragraph in particular really struck a chord with me…
“The conventional explanation is that it’s a manifestation of the glass ceiling, of sexism in the City (and in politics, and in the public sector). Which is to say that women had a lucky escape: they are only innocent of this particular crime against global prosperity because men unfairly elbowed them out of the way in the unseemly race to the top.”
It’s good to see an opinion piece like this actually written by a man – instead of the sometimes over the top opinions of women who have been sidelined in their careers. It may be a numbers game only though – but a nice piece Robert.