Michael Bloomberg built a toxic, sexually charged nightmare for women - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 201 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 84%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Two women, including one who filed a claim as recently as 2016, alleged that they were sexually assaulted by Bloomberg LP executives and terminated after raising complaints.

. As with Michael Bloomberg, both men said they passed.

One senior employee who thrived at Bloomberg LP was Lou Eccleston, who reported directly to Michael Bloomberg in various management roles, including CEO of Bloomberg Tradebook. Eccleston was not named as a defendant in any lawsuits by Bloomberg LP employees, but multiple employees accused him in court records and New York Division of Human Rights filings of preying on women with impunity at Bloomberg LP, with Mike Bloomberg's full knowledge.

Multiple records, including a sworn statement from former Bloomberg LP employee Rowland Hunt, described an office Christmas party in 1990 at which Eccleston did "body shots" with several female employees under his authority. "'Body shots' consist of embracing and licking salt off the neck, kissing, squeezing, leg up," read Hunt's statement. "It was a ribald scene.

The Doe and Olszewski cases are the two most lurid and disturbing accusations of misconduct and mismanagement that have been directed at Bloomberg LP, but they bookend a steady stream of claims over the past two decades describing harassment, intimidation, and discrimination at all levels of the company both during Michael Bloomberg's tenures as president and CEO, and during his three terms as mayor of New York.

"I believe that there is a culture at the Bloomberg NYC location that is not adequately addressing discrimination and employee complaints," said Kara Miller, a lawyer representing former Bloomberg employee Andreea Orent, who sued the company in August 2017 alleging discrimination and unlawful retaliation over disability. "That's causing more lawsuits than another company might face, which might have more procedures.

When she complained about her colleagues' behavior, her complaint alleges, she was retaliated against and called a "Guyanese bitch" by her boss. In September 2008, Itwaru was abruptly fired and forced out of the building before she could clean out her desk. Lisser's attorney, Michael Chinitz, did not respond to multiple phone calls and emails from Business Insider seeking comment. Reached by phone, Lisser briefly began to describe working for Bloomberg before a male voice heard in the background began shouting "No comment!" and she hung up.at the technology company Sedgwick, did not respond to multiple requests for comment. In court filings, Bloomberg LP and Schuler denied all allegations in the complaint.

Bloomberg could also face liability for the conduct of one of the most high-profile alleged abusers in the #MeToo era: Charlie Rose. : "You know, is it true? You look at people that say it is, but we have a system where you have — presumption of innocence is the basis of it." He added that Bloomberg LP had "never had a complaint, whatsoever," about Rose and that the company "checked very carefully" after the allegations emerged, suggesting that it had an employment relationship with Rose's staff.

"I have always been against the kind of extortion that the press says most companies jump to when somebody falsely alleges inappropriate behavior," he said, according to a copy of the deposition obtained by Business Insider. "Well, describe for me how there could be a third-party witness to confirm or deny the truthfulness of her allegation," the attorney replied.He also said in the deposition that he doubted Olszewski's allegation because she waited two years before coming forward.

One anonymous witness told Josephs that "management asked him to say bad things that were not true" about Olszewski. "He thought Bloomberg management was trying to make up a bad reputation about Mary Ann to offset her claims against Brian Lewis [sic] for rape," the filing says. "He was also approached by Bloomberg [LP]'s lawyers to say bad things about Mary Ann. He refused because there were no bad things to say.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Jon67390919 Can’t change an old dog In court records going back 20 years-multiple women have accused Michael Bloomberg of permitting his company to become- in the words of one former employee-a 'reckless playground' 4 male senior executives 2 “target young-female-naive employees' for sex.

While the Company behavior is totally wrong and inexcusable. Statistically the problem is probably the same as every Company. The information is being used politically because he is a dangerous candidate. The Democrats want him out.

Not surprised😪

Yeah I think so too if it's on BI Prime, they want the money from the publicity 👌

Bullshit!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Payments Ecosystem Report from Business Insider - Business Insider[NEW REPORT] The Payments Ecosystem: BIIntelligence examines the industry's ecosystem today, highlights three trends changing payments, and forecasts growth through the next five years
Source: BusinessInsider - 🏆 729. / 51 Read more »

Many loans charge 'hidden' fees, but that's not necessarily a bad thing - Business InsiderThese fees, called origination fees, are upfront costs that lenders charge for the administrative costs of processing a loan.
Source: BusinessInsider - 🏆 729. / 51 Read more »

U.S. charges former Outcome Health executives over alleged fraud - Business InsiderThe founders of Outcome Health have been charged with overseeing a fraudulent scheme to overbill clients and raise $487.5 million from investors. Fraud in medical marketing? Wow, it's a serious type of criminal case! Maybe they should’ve IPOd before getting caught. Jokes on them
Source: BusinessInsider - 🏆 729. / 51 Read more »