Stock market 'busts'

In the midst of the economic downturn, a few women working in the financial services industry are taking advantage of some other assets to build their portfolios.
APR 26, 2009
In the midst of the economic downturn, a few women working in the financial services industry are taking advantage of some other assets to build their portfolios. The May issue of Playboy magazine features a six-page spread of scantily clad (or not clad at all) women who are or were previously employed by banks, investment firms and trading companies. Ranging from executive assistants to brokers, seven women made the move from Wall Street to the Playboy Mansion in the feature, "Bare Market: Women of Wall Street." Although some of the models didn't identify their current or former employers, a former credit manager with Wells Fargo Financial Inc. of Des Moines, Iowa, and a financial adviser from Charles Schwab & Co. of San Francisco did disclose their places of employment. The boom in media coverage surrounding the financial world may have made women on Wall Street a hot commodity. According to published reports, Playboy put out a casting call for financial employees back in October at the height of the economic meltdown. Although there is little copy on the pages, one of the models used her caption space to comment on how she has curbed her spending due to the economy, and an equities trader said that the recession has slowed down the pace of her normally stressful workdays. Playboy ran a similar Wall Street-themed photo spread 20 years ago.

Latest News

eMoney supports focused financial planning with enhanced needs analysis
eMoney supports focused financial planning with enhanced needs analysis

The Fidelity-owned fintech aims to help advisors connect with mass market and mass affluent prospects with single-goal conversations.

Trump SEC pick Paul Atkins grilled by Democrats in early political test
Trump SEC pick Paul Atkins grilled by Democrats in early political test

The prospective chair of the agency has pledged to shed conflicted interests and "return common sense to the SEC."

Finra moves to boot Alpine Securities, same firm that claims the regulator can’t
Finra moves to boot Alpine Securities, same firm that claims the regulator can’t

'If I were on the side of Alpine Securities, I’d put all my eggs in the federal court,' one attorney said.

CFP Board floats new procedural rules around bankruptcy, misdemeanors
CFP Board floats new procedural rules around bankruptcy, misdemeanors

If approved, the proposed revisions would achieve outcomes similar to the existing process while reducing the burden of oversight.

What pre-retirees don't know about Social Security could be hurting them, says T. Rowe Price
What pre-retirees don't know about Social Security could be hurting them, says T. Rowe Price

Survey research reveals gaps in retirement savers' knowledge, pessimism around receiving benefits, and a lack of good options to solve looming solvency crisis.

SPONSORED Retirement plan balances are flourishing. Why are so many advisors missing out on a $3 trillion opportunity?

Participants who receive professional 401(k) advice see higher returns on average, net, than those who don't.

SPONSORED Focus on clients, not compliance – why Gary Corderman found his fit with Farther

This wealth management platform finally delivers on the technology promises other firms couldn't - giving advisors a better way to scale and serve