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Tracing the claims back to Patient Zero, the benefits and human resources groups were able to tell who wasn't toeing the line of disclosure.
And there are plenty of unwanted passes anyway, some of which don’t go particularly harshly punished, particularly if the initiator is a powerful partner.
And the same factors that create Goldman’s cadre of internal marriages—long hours, a shared employer and career—have also generated some divorces.
Dorothy Price Hill, a former Goldman Sachs risk manager who is now a managing director at investment bank Mid-Market Securities, recalls that even up until the late 1990s, women at Goldman were judged differently than men.
In 1999, Hill, then based in Tokyo, received a performance review in which her somewhat old-fashioned boss called her “aggressive”—a word, it turned out, that subtracted points and compensation dollars for a woman, while the same word would boost a male banker’s value.
Human resources departments like to be informed of employee relationships—in case they go sour and result in professional trouble or litigation- but they are rarely kept in the loop.
It was probably the most expensive kiss of the banker’s life: at the end of the year, Goldman chopped his bonus by 25% for bad judgment, this person said. Goldman’s favorite option, however, is just to separate people and ship them off to other divisions.In another case, a married partner had a consensual affair with a younger female banker who had a long-term boyfriend.It was consensual, that is, to all but her boyfriend and his wife, who eventually compared notes and created a ruckus.It’s not easy, but neither is it impossible—at least not yet.Several former and current female employees at the firm think it will be harder there, however, because of a sex-discrimination suit filed last week by three former Goldman women who alleged that they were hauled to strip clubs, groped in hallways and otherwise subject to inappropriate behavior that, later, impeded their promotions and progress through the firm.