Goldman accused of 'boy's club' atmosphere

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A 'boy’s club' atmosphere that included bouts of binge drinking and trips to strip clubs

Goldman Sachs was accused of widespread gender discrimination and a 'boy’s club' atmosphere that included bouts of binge drinking and trips to strip clubs, as two former female employees seek to expand their lawsuit against the firm with new evidence.

Bloomberg News reports that the women asked a federal judge in Manhattan Monday to let them sue on behalf of current and former female associates and vice presidents.

Support for their claims includes statements of former Goldman Sachs employees, expert statistical analyses and evidence on earnings and promotions from the firm’s own records, they said in a court filing.

'Women report a ‘boy’s club’ atmosphere, where binge drinking is common and women are either sexualized or ignored', according to the filing.

The two women, H. Cristina Chen-Oster and Shanna Orlich, sued in 2010 and are seeking to broaden the case to include more than a decade of claimed discrimination at Goldman Sachs. A decision by U.S. District Judge Analisa Torres to allow the women to sue as a class would increase the risk to Goldman Sachs.

Goldman Sachs has denied the women’s claims and is fighting the case.

To access the complete Bloomberg News article hit the link below:

Goldman 'Boys Club' Accused of Mocking Women as 'Bimbos' and 'Party Girls'

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