I usually find arguments about how &quot;underrepresented group X in upper management will somehow make the company better&quot; unconvincing, but the downfall of Bear Sterns is a great and decisively convincing example of how a monoculture with a lack of multiple perspectives and backgrounds created a really corrupt and toxic environment. At the very least, the sexism towards women in the corporate culture should&#x27;ve been seen as warning indicator for their business practices as well.<p>In this case, I think sexism was as much a symptom as a cause, and the larger cultural problems were very destructive to women, men, and the US economy.