DSpar Blames Economic Crash on Testosterone, Men In General

"Let me begin with the caveats: I like men," writes Barnard's president in today's Washington Post, "But as the financial debacle unfolds, I can't help noticing that all the perpetrators of the greatest economic mess in eight decades are, well, men."

Oh yes, you may have heard many other explanations for the Wall Street crisis: irresponsible lending agencies, insane hedge fund managers, a housing prices bubble, and so on. But according to Barnard's president (who was a professor at Harvard Business School before coming to Morningside Heights), though, the problem lies in the nefarious XY chromosome pairing. Male-dominated Wall Street DSpar argues, could have been saved by some female leadership, because "women may be less inclined than men to place the kind of bets that can get them in real trouble." Oh, and female whistleblowers (on Wall Street or elsewhere) are also never listened to.

Don't worry, though, guys: Spar assures you that "I have spent most of my career surrounded by men, and I have no major complaints."


Posted by Seriously, Bwog? : #1 · reply · track
January 4, 2009 at 2:07 PM (from campus)
XX? Seriously?
Posted by Double Standard? : #2 · reply · track
January 4, 2009 at 2:08 PM
Larry Summers got into a whole load of trouble for questioning whether innate differences between men and women account for the lack of women in top science and engineering positions. Will the PC police attack DSpar with the same vehemence for daring to insinuate that men and women manage risk differently?
Posted by surrounded by men : #3 · reply · track
January 4, 2009 at 2:10 PM
that's what she said
Posted by The King of Spain : #4 · reply · track
January 4, 2009 at 2:12 PM
I wonder if if the "But I have a husband" cop-out will become the next "But I have gay friends?"
Posted by well : #5 · reply · track
January 4, 2009 at 2:12 PM
she's probably right
Posted by bwog : #6 · reply · track
January 4, 2009 at 2:14 PM
XY.

lern 2 science.
Posted by thank god : #7 · reply · track
January 4, 2009 at 2:23 PM
the first comment in this was about the xx thing. to be "snarky" and stupid at the same time is weak.
Posted by iono : #8 · reply · track
January 4, 2009 at 2:24 PM
the article wasn't quite as stupid as it seems at first glance, but i'm not very impressed. there's been plenty of male whistle-blowers, and the girls who work at goldman sachs are prolly just as psycho.

not a very convincing frame of analysis. but yeah, more women should work on wall street!
Posted by Anish (Site staff): #9 (in reply to #1) · reply · track
January 4, 2009 at 2:48 PM
Fixed, thanks.
Posted by It's true that men : #10 · reply · track
January 4, 2009 at 2:49 PM (from campus)
are on average much more likely to take risks - not just in finance but pretty much everywhere. Sometimes it's successful; sometimes not. When it's successful, it generates enormous returns to society - think explorers and entrepeneurs - but it can also fail, which it clearly did here. So, blaming the economic crisis on men is accurate but meaningless, since the economic growth that has collapsed during the crisis was ALSO created predominately by men.
Posted by good analysis : #11 · reply · track
January 4, 2009 at 2:53 PM
Dspar. But you know what, I think the real reason there was a crash is because there are far too few cows on Wall Street. Now I have nothing against non-cows - my parents and brother are not cows. But cows are simply not inclined to take the kinds of risks homo sapiens are. Trust me! Cows do not "embrace the kind of massively aggressive behavior that brought us a Dow of 14,000 and then, seemingly overnight, a crash of epic proportions".

"Conversely, [cows] may also be more inclined to blow the whistle on others' risky business." Consider that if you approach a cow suspiciously, it will stare at you and moo.

Cows are exactly what we need on Wall Street, and in general. This I state without proof because clearly a wall-street with few cows has not worked.
Posted by Last I checked : #12 · reply · track
January 4, 2009 at 2:54 PM
Erin Callan is not a man.
Posted by ummm : #13 · reply · track
January 4, 2009 at 3:14 PM
she looks like a man, just like the rest of the barnard girls
Posted by FBI? : #14 · reply · track
January 4, 2009 at 3:29 PM
Her mention of the FBI agent was dumb. That's not even a case of an excessive reliance on risk vs. whistle-blowing. That has more to do with institutional inefficiencies and inter-agency incompetence.

Poor choice.
Posted by Hmm... : #15 · reply · track
January 4, 2009 at 3:48 PM
Well, I do believe that the XX pairing is a nefarious problem, but I don't think that was the article's original intention.
Posted by maybe : #16 · reply · track
January 4, 2009 at 3:54 PM
This comment has been deleted.
Posted by Agreed : #17 (in reply to #16) · reply · track
January 4, 2009 at 4:45 PM
Chocula, Dracula, the Count...
Posted by Agreed again : #18 (in reply to #16) · reply · track
January 4, 2009 at 4:46 PM
I think I might have misread your comment...?
Posted by Hmm : #19 · reply · track
January 4, 2009 at 4:51 PM (from campus)
Unquestioned essentialism with a tinge of hate-mongering. Barnard's in for a fun few years! Unless those men have anything to say about it!
Posted by gco : #20 · reply · track
January 4, 2009 at 5:12 PM
personally, i think the "innate sexual differences" question is a non-starter, and is about as exciting to watch as world's strongest man reruns
Posted by Thanks : #21 · reply · track
January 4, 2009 at 5:42 PM
for bashing 40% of my winter break, ass.
Posted by no no : #22 (in reply to #18) · reply · track
January 4, 2009 at 5:44 PM
This comment has been deleted.
Posted by Good, but : #23 · reply · track
January 4, 2009 at 6:16 PM
Really Debra Spar? You seem to have overlooked that the CLO, a financial instrument misused that led to the subprime mortgage crisis, (see [external link to en.wikipedia.org] was created by a woman, Blythe Masters of JPMorgan.

Recessions are Equal Opportunity
Posted by lol dspar : #24 · reply · track
January 4, 2009 at 7:19 PM
Shame that no men can donate to your shit college. Enjoy going under, you crap ho.
Posted by Agreed Again : #25 (in reply to #22) · reply · track
January 4, 2009 at 7:46 PM
Wait, what the hell do those things have to do with counts? I'm all in favor of blaming the uppity counts, but this is a little confusing.
Posted by Can : #26 · reply · track
January 4, 2009 at 8:33 PM
people stop name-calling DSpar and Barnard students? Her argument was flawed but calling her an ugly cunt and a ho only makes you look like a sexist asshole.
Posted by women just : #27 · reply · track
January 4, 2009 at 8:39 PM
need to know their place that's all
Posted by hey now : #28 (in reply to #26) · reply · track
January 4, 2009 at 9:01 PM
This comment has been deleted.
Posted by Agreed : #29 (in reply to #28) · reply · track
January 4, 2009 at 11:23 PM
Right again! Although Count Bassie, now /there's/ a handsome count!
Posted by James (Site staff): #30 (in reply to #16) · reply · track
January 5, 2009 at 12:06 AM
Let's avoid sexist epithets.
Posted by i have a better idea : #31 (in reply to #30) · reply · track
January 5, 2009 at 1:04 AM
let's grow up and not cry about BAD WORDS.
Posted by yeah : #32 · reply · track
January 5, 2009 at 1:13 AM
it's really irritating when bwog censors. i'm sure the comments are idiotic, but w/e?
Posted by cow sez : #33 · reply · track
January 5, 2009 at 2:10 AM
moo
Posted by wonder if ill be deleted : #34 · reply · track
January 5, 2009 at 2:31 AM
maybe the reason men cause the problems is because they're the only ones with enough power to actually make a difference.
Posted by "Once : #35 · reply · track
January 5, 2009 at 2:54 AM
upon a time and a very good time it was there was a moocow coming down along the road [called Wall Street] and this moocow that was coming down along the road met a nicens little boy named baby tuckoo"

adapted from Joyce
Posted by ... : #36 · reply · track
January 5, 2009 at 7:46 PM
o right. lets listen to the woman trying to capitalize on a bad situation to steer attention away from the real problems and onto her pet interests. that sort of behavior is nothing like what got us into this mess in the first place...

Posted by That's : #37 · reply · track
January 5, 2009 at 11:18 PM
one of the stupidest things I've heard.

It's sad when feminists destroy their cred by reading sexism/chauvanism into situations where it just simply doesn't apply.

I'm sure that there are anti-regulatory women as well, ones who would have made similar choices. Sarah Palin, anyone?
Posted by twat : #38 · reply · track
January 6, 2009 at 1:25 AM
is twat ok? Can I call her a twat?
Posted by lol : #39 (in reply to #38) · reply · track
January 6, 2009 at 1:30 PM
only if we can call you a limp-dicked shithead
Posted by Abby : #40 · reply · track
January 6, 2009 at 2:55 PM
"Im gonna smack your balls off" -Abigail Adams
Posted by go ahead : #41 (in reply to #39) · reply · track
January 7, 2009 at 12:53 AM
at least I won't be a sandy twat about it.
Posted by 30 rocker : #42 · reply · track
January 11, 2009 at 1:29 PM
Jack Donaghey was right. It IS hardest to be a white male in this country.
Posted by more... : #43 (in reply to #42) · reply · track
January 12, 2009 at 5:11 PM


Kenneth: "I am also a white man--"

Jack: "No you are not. Socio-economically speaking you are more like an inner-city Latina."
Posted by blackminorcapullets : #44 · reply · track
January 13, 2009 at 9:14 PM
Interesting concept but greed might have more to do with it than testosterone...and there is lots of greedy estrogen around.
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