You're fired (twice).
Those positions made her, arguably, the highest ranking woman on Wall Street.
But, at the height of the financial crisis of 2008-2009, she had very public clashes with Vikram Pandit, the then chief executive of Citigroup, over her insistence that the bank should repay investors who had lost money using defective financial instruments that Citi had created.
Eventually, she was forced out - a fate that would once again befall her, just a few years later, after taking on the role of chief executive at Merrill Lynch, a subsidiary of Bank of America.
Although those firings certainly stung, they gave Ms Krawcheck an epiphany - in times of distress, companies react by closing ranks, and diversity, particularly gender diversity, suffers.
'What I saw a thousand times during the downturn was, 'We'd like to give her that opportunity, but we need to go with the sure thing - we can't afford diversity right now', she says.
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