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Out of the closet on Wall Street

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CNN Money
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June 6, 2013
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Mark Stephanz, a senior investment banker at Bank of America Merrill Lynch, was sure his decision to come out of the closet would end his career. He had been at the firm for over 20 years, and everyone knew him as a straight, married man with three children. So he knew the news could come as a shock. "Wall Street has always had that good old boys image, so I was fearful at first that I was risking my career," he said. But his internal struggle finally became too much to bear. First, Stephanz gradually came out to his family. Then he told his coworkers and managers.