Investing News Blog

Tuesday, September 26, 2006

Women at the Top

48 women are at the top of big business up from 35 last year and as the increase continues, it seems women can cause just as much scandal as the men can. In recent times a few women at the top of big business have been ousted and even jailed after causing scandal, disagreements and even bankruptcy. They are also showning that they can leave with huge settlement payouts just like men can.

Powerful women who come in to clean up
"Our annual listing of the World's Most Powerful Women has seen a growing number of women with big career successes. A total of 48 women on the list now run businesses either as chief executives or chairmen, up from 35 last year.

And in a sign that women have arrived, they're increasingly being called on to clean up corporate scandals. Women who've mopped up, and who remain high on our list, are Patricia Russo at Lucent Technologies and Anne Mulcahy at Xerox. Both pulled their companies back from the brink of bankruptcy.

But women can be troublemakers, too. They can collapse in scandal as disastrously as men. And because women are still a rarity at the top of the corporate ladder, they often get a lot more attention than their male counterparts on the way up — and on the way down. "
MSNBC

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