Them too - The Reckoning thread
Kraichgauer
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auntblabby
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Kraichgauer
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I suppose a phony billionaire whose home is gaudily painted gold.
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auntblabby
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I suppose a phony billionaire whose home is gaudily painted gold.
I bet he has a gold toilet as well.
Kraichgauer
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I suppose a phony billionaire whose home is gaudily painted gold.
I bet he has a gold toilet as well.
Y'know, I think he does!
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auntblabby
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I suppose a phony billionaire whose home is gaudily painted gold.
I bet he has a gold toilet as well.
Y'know, I think he does!
the fact that he would soil something so precious tells me he has no respect for anything.
ASPartOfMe
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Steven Cohen’s Investment Firm Accused of Hostility to Women
The lawsuit, filed in federal court Monday by a current employee of Mr. Cohen’s Point72 Asset Management, describes a toxic working environment for women. Those with years of experience were often referred to as “girls” or “sweethearts.” Some were excluded from meetings that were deemed for men only, the lawsuit said.
The lawsuit offers a rare glimpse inside the $11 billion firm, which is run by one of Wall Street’s most fabled traders and is a huge source of business across the banking industry. Mr. Cohen, who is in the midst of trying to repair his tarnished public image and raise money from investors, is not accused of inappropriate behavior in the lawsuit.
In a statement on Monday, Point72 said, “The firm emphatically denies these allegations and will defend itself in a more appropriate venue than the media.”
It added: “We stand by our record of hiring and developing women. In an industry where women are historically underrepresented, the hundreds of women at Point72 are vital members of every part of our organization.”
Mr. Cohen’s former firm, SAC Capital Advisors, shut down in early 2014 after it pleaded guilty in an insider trading investigation.
Mr. Cohen wasn’t charged by the authorities. But he agreed to a two-year ban from the securities industry for failing to properly supervise some of his staff. He created Point72, which currently has more than 1,000 employees, to manage his personal fortune.
The ban from the securities industry expired at the end of last year. Mr. Cohen, 61, is preparing to relaunch Point72 as a hedge fund that will manage money for outside investors.
Point72, women make up fewer than 3 percent of the managing directors, according to the discrimination lawsuit, which was brought on behalf of Lauren Bonner, an associate director. Of the firm’s 125 portfolio managers — top traders who decide which stocks to buy and sell — one is a woman. There are no women on the firm’s hiring or executive committee.
For several weeks last year, a whiteboard in the office of a top executive had the word “p****” written on it, leaving the firm’s few senior women feeling uneasy, according to the lawsuit. A person who worked at the firm confirmed the incident.
Many of the allegations in the complaint could not be independently verified. But four people who worked at the firm, and who declined to be identified for fear of retribution, said Point72 could be a difficult work environment for women. They said, for example, that male colleagues regularly made comments on women’s physical appearances.
“This lawsuit proves that #MeToo is just getting started, and Wall Street will not be spared,” one of Ms. Bonner’s lawyers, Jeanne M. Christensen, said.
Such lawsuits are rare on Wall Street because, women say, there is little to gain by challenging employers and they risk tarnishing their reputations and upending their careers.
It is even more uncommon for a current employee of a firm to file such a complaint.
Her suit contends that she was passed over for several promotions, with jobs going to less experienced men who joined Point72 after she began working there in July 2016. This year, she is slated to earn a base salary of $300,000 with a potential bonus of $225,000. The lawsuit alleges that similarly situated men earn at least twice as much.
The lawsuit seeks unspecified monetary damages and an injunction against Point72’s violating state anti-discrimination laws.
Mr. Haynes is named as a defendant. The lawsuit said he had once ridiculed a female executive as a “dumb blond.” The whiteboard mentioned in the suit was in Mr. Haynes’s office.
And the suit quoted Mr. O’Connor as having said to colleagues that “the reality is that this is just a really tough place for women, and that’s not going to change.”
Mr. Haynes and Mr. O’Connor didn’t immediately respond to requests for comment.
Ms. Bonner also said that a supervisor belittled her and that she had complained to the head of human resources. Nothing happened: The supervisor remained on a powerful internal committee that decides which employees get promotions, the suit said.
The lawsuit also accused Mark Herr, the firm’s head of corporate communications, of making degrading comments about women. He didn’t immediately respond to a request for comment.
In one example of the firm’s allegedly inhospitable culture, the lawsuit described a women’s leadership forum that Mr. Cohen hosted in October 2016 at his 35,000-square-foot mansion in Greenwich, Conn. One of the main speakers was a psychiatrist and Fox News contributor who, according to the lawsuit, described Hillary Clinton, the Democratic presidential nominee, as “an accomplished man’s wife.”
A person who attended the event confirmed that account.
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auntblabby
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ASPartOfMe
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Does the name Lorena Bobbit ring a bell?
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“My autism is not a superpower. It also isn’t some kind of god-forsaken, endless fountain of suffering inflicted on my family. It’s just part of who I am as a person”. - Sara Luterman
auntblabby
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Princess Diana's photographer named in new sexual misconduct report
For the assignment, published over the weekend titled "Beauty and the Ugly Truth", reporters spoke to more than 50 models about their experiences, many of which were peppered with sexual harassment and misconduct. Some also alleged their agents enabled the abuse.
"If people really understood what goes on behind the glamour of the industry, they would be mortified," Australian model and actress Abbey Lee Kershaw said before adding that she is "one of the lucky ones".
Prominent Canadian model Coco Rocha also spoke to The Globe. "It's interesting and frustrating that now people want to finally pay attention." Adding that there are "people at the top who no doubt have heard these stories for the last 20 years, and haven't done anything."
According to the report one of Demarchelier's former assistants wrote to Vogue editor Anna Wintour last October urging her to prevent the 74-year-old French photographer access to young women after she outlined her experiences of his "relentless advances".
Six other women have also come forward with allegations.
Demarchelier has denied any wrongdoing.
"People lie and they tell stories. It's ridiculous," he told The Globe.
"He admitted he believes these allegations can be a model's form of retaliation, stating they 'get frustrated if they don't work'," the report stated.
Demarchelier is considered one of the biggest names in fashion photography. He was the first non-British official photographer of the Royal Family when Princess Diana requested he take on the role of her personal photographer.
"We became friends," he said an interview with London's Telegraph back in 2008. "She was funny and kind - but fundamentally she was a very simple woman who liked very simple things."
After being contacted by the Spotlight team, Vogue, Glamour and GQ in the United States have announced they have stopped working with Demarchelier for now.
These new allegations follow previous complaints made against other prominent male photographers including Terry Richardson, Bruce Weber and another favourite of the royal family, Mario Testino.
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“My autism is not a superpower. It also isn’t some kind of god-forsaken, endless fountain of suffering inflicted on my family. It’s just part of who I am as a person”. - Sara Luterman
auntblabby
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ASPartOfMe
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Brendan Fraser’s #MeToo moment
Fraser says the experience messed with his sense of “who I was and what I was doing.” Work, he says, “withered on the vine for me. In my mind, at least, something had been taken away from me.” This past fall, he watched other people come forward to talk about similar experiences, he says. “I know Rose [McGowan], I know Ashley [Judd], I know Mira [Sorvino]—I've worked with them. I call them friends in my mind. I haven't spoken to them in years, but they're my friends. I watched this wonderful movement, these people with the courage to say what I didn't have the courage to say.”
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“My autism is not a superpower. It also isn’t some kind of god-forsaken, endless fountain of suffering inflicted on my family. It’s just part of who I am as a person”. - Sara Luterman
auntblabby
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(clicky)Missouri Governor Eric Greitens (R) was indicted by a St. Louis grand jury Thursday, on a felony invasion of privacy charge.
The indictment alleges Greitens took a picture of a woman either fully or partially nude without her knowledge or consent and then transmitted that image so he could have access to it at a later time. Greitens is accused of having an extramarital affair before he became governor. Through his attorney, Greitens previously denied taking a picture of the woman in question and said there was “no blackmail…no violence” regarding the affair. yeah, right. what an unimaginative sociopath.
Kraichgauer
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The indictment alleges Greitens took a picture of a woman either fully or partially nude without her knowledge or consent and then transmitted that image so he could have access to it at a later time. Greitens is accused of having an extramarital affair before he became governor. Through his attorney, Greitens previously denied taking a picture of the woman in question and said there was “no blackmail…no violence” regarding the affair. yeah, right. what an unimaginative sociopath.
Otherwise known as a family values conservative.
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-Bill, otherwise known as Kraichgauer
auntblabby
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The indictment alleges Greitens took a picture of a woman either fully or partially nude without her knowledge or consent and then transmitted that image so he could have access to it at a later time. Greitens is accused of having an extramarital affair before he became governor. Through his attorney, Greitens previously denied taking a picture of the woman in question and said there was “no blackmail…no violence” regarding the affair. yeah, right. what an unimaginative sociopath.
Otherwise known as a family values conservative.
crime family values, that is.
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