Sad to report.
Bloomberg News reports that Karen Strauss Cook, a pioneering female equity trader at Goldman, Sachs who helped other working moms stay in finance and will be honored next month by the group 100 Women in Hedge Funds, has died. She was 61.
She died at her home in Manhattan on October 2, according to her husband, Everett R. Cook II. The cause was progressive supranuclear palsy, a neurodegenerative brain disease that was diagnosed in 2008.
Cook stood out on Wall Street from the day in 1975 when she paid an unsolicited visit to the headquarters of Goldman Sachs, resume in hand, and drew the attention of then-general partner Robert Rubin, the future U.S. Treasury secretary, by refusing to accept a generic referral to human resources. She became the first woman hired in Goldman Sach’s Equities Division, and the firm’s first female trader.
'I remember those early days when she came', Rubin said Sunday in an interview. 'In those days it was a complicated role to have, being the first woman trader. She handled it very, very well. She was effective and gracious'.
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