I’m honored to have been selected by the Consumer Federation of America for its 2017 Betty Furness Media Service Award. Past winners include Don Hewitt, Jane Bryant Quinn, Marketplace, Frontline.
Author Archives: Susan
Finalist, National Society of Newspaper Columnists
The National Society of Newspaper Columnists said that I’m among three finalists in its 2017 competition in the online commentary category for my columns for TheStreet.com. Winners will be announced June 10.
Who’s calling your broker for a wire transfer — out of your account?
Do you keep an eye on activity in your brokerage account? Well, you should. Criminals are figuring out clever ways to dupe your stockbroker into wiring money out of your account. It usually happens after someone has hacked your email account, so it’s not a bad idea to consider using two-factor authorization on your email. If that sounds like too much of a hassle, you might consider reading the story I wrote today for CNBC.com. You can read it here.
Society of the Silurians Excellence in Journalism Award
The Society of the Silurians said today that I’ve won its Excellence in Journalism award in the commentary category for the columns I wrote for TheStreet.com in 2016. You can read a list of all the winners here.
Finalist in National Headliners Awards
My columns in 2016 for TheStreet earned second place today for a National Headliners award in business commentary. You can read the list of all the winners here.
First Place, Connecticut Press Club
The Connecticut Press Club has selected my stories on penny stock fraud for first place in the Business Writing category of its annual Communications Contest. The stories looked at an elaborate, years-long scam in which small investors — often elderly — were targeted for worthless, manipulated securities. You can read the winning entries here and here.
Sterling Jewelers Suit Casts Light on Wider Policies Hurting Women
Lawyers and academics who specialize in gender discrimination say the documents recently released in a class-action against Sterling Jewelers provide a rare insight into how a company’s policies work in real life. In my article in The New York Times today, I examine the problems with not-so-confidential tip lines and in-house courts run by employers, and the ways they can mask problems that women often face in the workplace. You can read it here.
How Uber Got the Message About Sexual Harassment
Former Uber engineer Susan Fowler sure got our attention with her 3,000-word essay about the brushoff she got from Human Resources when she reported sexual harassment. Her blog post went viral and Uber went into crisis mode, apologizing to employees and hiring big-gun former U.S. Attorney Eric Holder to do an investigation
Some women get stuck in a frustrating he-said-she-said when they report harassment to HR, but Fowler said in her essay that she came armed with evidence. What more is there to say when you show up with screenshots of chat sessions that memorialize your boss’s come-ons?
Open-and-shut case? Not exactly. Fowler says they told her it was all just an “innocent mistake.” Yes, really. I wrote about it today for CNN.com. Here’s a link.
Trump, Wall Street, Strive to Make Securities Fraud Great Again
The president who told us he’d have the backs of the “forgotten man and woman” is turning out to be Wall Street’s best friend. Donald J. Trump has asked the Department of Labor to examine a pro-investor DOL rule to see if it might be reducing investor access to retirement products — the same sorry argument that Wall Street has been spouting.
The “investor access” thing largely comes down to this: Force stockbrokers to sell products that are investors’ best interest, and they may have to stop selling stuff that’s bogus, risky, ill-conceived, or all of the above. And that would be terrible. For your stockbroker. You can read about it my latest column for TheStreet, here.
TV Anchor Karla Amezola is Latest to Make Secret Recordings, Then Sue Harasser
Former Fox News anchor Gretchen Carlson did it before she sued Roger Ailes for sexual harassment. And now a Los Angeles-based television news anchor has done the same, gathering secret recordings of the supervisor she ultimately sued.
Karla Amezola, an award-winning anchor at the Spanish-language network Estrella TV, sued Estrella parent Liberman Broadcasting and her supervisor, Andres Angulo, in June. Her case, filed in Los Angeles Superior Court, has gone largely unnoticed for months.
I spoke with Amezola’s lawyers for my column published at TheStreet.com today, and asked if Amezola had recorded the defendant. They told me she had, but declined to allow me to listen to the recordings. Sexual harassment cases have always been tough ones for plaintiffs to win, but the trend towards secret taping may finally reverse that. You can read today’s column here.
Don’t Kid Yourself: Departures of Roger Ailes, Kevin Roberts Change Nothing in Sex Discrimination
In a matter of weeks, two senior executives at global businesses lost their jobs related to alleged sexual harassment or clueless talk about gender.
CEO Roger Ailes is out at Fox News. Chairman Kevin Roberts is out at Saatchi & Saatchi.
On the surface, it almost looks like we’ve made some progress on the sex discrimination front. Dig a little deeper, though, and it looks like more of the same: a flurry of public attention that ultimately will peter out.
I explained why neither case is a game-changer for women at work in my column today for TheStreet.com.
American Society of Business Publication Editors Award
The American Society of Business Publication Editors (ASBPE) said I’ve won its Northeast Region Award of Excellence in the Original Web Commentary category for my columns at TheStreet. I’m also a finalist in ASBPE’s national contest.
Second Place for National Society of Newspaper Columnists Award
The National Society of Newspaper Columnists said today that my columns for TheStreet took second place in its annual awards competition in the online category.
From the judges: “Susan Antilla turns a spotlight on some lesser known yet vital issues in the financial sector, where there is plenty of room for skepticism and suspicion. Her spritely explanations present a common sense view of the complicated inner workings of this industry. As consumers are increasingly left to equip themselves with information to protect their financial well-being, writers like Antilla are providing a true service.”
National Federation of Press Women award
The Unbelievable Story of One Broker and Her Firm Fighting to Clean Her Tarnished Record
The brokerage industry works hard to keep customer complaints out of public view, with aggressive firms fighting to remove grievances that sully their brokers’ records. The interminable campaign to sanitize the dossier of former Royal Alliance Associates broker Kathleen J. Tarr is a disheartening case in point. You can read the story here.
How Bad Financial Advice Can Literally Make You Sick
Holly Marchak and her husband lost $2.3 million when they were defrauded in the Ponzi scheme of the so-called “Brooklyn Madoff.” Nine years later, she’s still paying for it.
She spends thousands of dollars a year on prescription drugs alone. Marchak, who lives in Orlando, Fla., began weeping as she told me the story of Philip Barry, now in federal prison, who defrauded her and her husband Alex Marchak. The money had been proceeds from the sale of a building that housed a funeral home the couple owned.
Marchak, 62, says she takes medication for anxiety, high blood pressure, asthma and heart problems. “There are times we don’t want to wake up in the morning,” she said. “My doctor has a mile-long, thick file on me and says it’s all stress-related.”
Lawyers who represent investors say the stress of a serious financial loss can trigger a whole new wave of costs for clients. Medical research has linked stress to viral infections, asthma, atherosclerosis, ulcers and increased risk for diabetesmellitus, among other diseases. More focused studies highlight the hazards of financial stress. You can read the full story here.
How Wall Street Keeps Outrageous Gender Bias Quiet 20 Years After the Boom-Boom Room
Everybody loves a half-price sale, and if you’re a recruiter on Wall Street, there’s always a markdown on female employees.
Women in finance last year earned 52 cents for every dollar that men made in a job category the Bureau of Labor Statistics calls “securities, commodities and financial services sales agents.” That’s about as bad as it gets for women workers. It was the biggest pay gap among 119 occupations evaluated in a recent report by the Institute for Women’s Policy Research in Washington, D.C.
But the revealing lawsuits that used to challenge this outrageous pay gap and economically hostile work environment to women are few and far between today – and that’s how Wall Street wants it. The country’s biggest banks have made it harder than ever for women with complaints of unequal pay or treatment to make their cases in a public forum.
It was 20 years ago last month when three women in the Garden City, New York branch of Smith Barney triggered an industry-wide migraine, filing a class-action lawsuit that exposed egregious sexual harassment and unequal pay. It was dubbed the “boom-boom room” suit, the namesake of a party room in the branch’s basement. Click here for the rest of the story.
