Marina Whitman, the newly appointed chief economist of General Motors, I claims that she can almost cite the fateful day when the men who run New York City's banks declared: "O.K., fellas, we've got to let them in." Them are American women, and it was only half a dozen years ago that they began to be admitted, little by little, to the executive establishment. Whitman knows because when she meets groups of bankers, she sees more and more women junior executives, poised for that big leap up to higher management. But almost all are age 32 or 33 or younger—and...
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