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Erin Duffy on Women in Finance

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    Former Merrill Lynch Vice President Erin Duffy weighs in on her book 'Bond Girl' and life in the finance industry.

  • Duration 4:21
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The Wall Street machine it was and still is the economic at the center of the universe see it for the first time and you do get hot well that's according to my next guest after eight years on Wall Street working in fixed income sales and Merrill -- She -- -- insider information and not so glamorous experience says and wrote bond girl.

There's the -- and -- that it is the engines being nice to see an estimate in a nice to meet you thank you for having -- me I can tell you had in the beginning of the I'm really good years what you said -- would ask you about this he said.

New York -- we're tired cranky -- or people go to die.

This is your hair when if you're like means how to draw on your son and he's added a bottle have a pinot noir and a pack a parliaments watching law and order.

This is your life I mean you basically talk about this girl who goes on the Wall Street -- she's beat up I mean it's a male world and she's -- of the curve.

Well personal story yeah well also.

You know did that beginning of the back in is actually in 2008 so anybody who is going through that at the time definitely and it's feeling the pressure.

That said I think you know that is Sunday night police on an anxiety as something that most everyone I talk to.

Could -- -- -- not a lot of I -- let you know -- might be an exaggeration.

A literary license back.

-- you -- it's definitely.

Not -- for.

For people to sort of have a class -- two on Sunday that sort of prepare for getting violent half according -- -- -- -- -- -- -- -- -- -- -- start again it's a fictional book but at the same time obviously you had user experiences and religion on Wall Street of course and -- drew from that.

Do you think that.

And that Wall Street is that different now than it was back in 2008 what's left of it anyway or do you think the business is a kind of run the same way -- -- -- I think it's a little bit different I think.

You know the environment in the mood is obviously changed so much a lot of to joking around in the bedding and things like that that may be -- on.

In the early part of the decade probably just isn't really -- appropriate now you know there's no job security and firms are losing money and people in our press.

So there's definitely not as much sort of lighthearted joking around I think -- is there used to be mom.

That that bill as a still -- dominated noses -- -- of old boys' club.

I think -- although I don't necessarily think that's you know a bad thing.

You kind of know what -- getting its share of when you just you know start to look at a career there.

It's just a male you know heavily male dominated.

Industry but.

I think it for the most part still -- like that I think now especially with everything going on that a lot of women have may -- started to reexamine what they wanted to do with the rest of our lives and if if this -- something that they really did want to try to stick out wait for things to hopefully turnaround.

Let's have a person is drawn to it that Wall Street that trading finance here type of job I mean it's still is mostly men.

Obviously those do the walk around midtown Manhattan where we are right now you you would see that right but what drives in particular woman to answer this type of I am I think you know there are definitely women who.

Are -- -- who are aggressive to.

You know like -- and who like the dynamics of you know trading floor life and the camaraderie that comes along with back.

-- but I think there's also very ambitious driven.

Women out there who.

Are legitimately interested on the markets who want to.

Sort of take them on and you know if there's plenty of them out there who have been very successful over the years in doing that do you think that metal Wall Street like strong women are do you think that they do not quite strongly.

I think they I think they do for the most part I think they like strong -- thank.

-- -- -- -- As well as they make money on -- or -- you know strong woman can produced than.

A half say they like you a lot before I let you go -- and I get asked are you bullish or bearish on the market these days.

How hi I'm actually pretty bearish on -- on on the market right now I think.

The unemployment -- still bleak and the number from last Friday.

You know obviously had some underlying components that may be window dressed at -- look a little better than it should've been and you know -- political problems in Europe in Greece are still.

Still a very big issue so until they work themselves out.

I'm I'm not and I'm -- I'm -- and -- you wouldn't ask Aaron deputy up her bond girl that's the but thank -- for coming in -- much frank about hungry that he.