old boys'club: an informal system by which money and power are retained by wealthy white men through incestuous business relationships. It is not necessarily purposeful or malicious, but the Old Boy’s Network can prevent women and minorities from being truly successful in the business world. It entails establishing business relationships on high-priced golf courses, at exclusive country clubs, in the executive sky-boxes at sporting events, through private fraternities or social clubs, et cetera. These are arenas from which women and minorities are traditionally excluded and thus are not privy to the truly serious business transactions or conversations.



urbandictionary.com/define.php?term=old+boy's+club
en.wikipedia.org/wiki/Old_boy_network
en.wikipedia.org/wiki/Good_ol%27_boy_network