No Girls Allowed-Steve Cohen
News just hit that Steve Cohen had discrimination at Point 72 two, calling out "no girls allowed" prior to meetings.
I know some of these guys think they are bulletproof, but the guys at Point 72 must have given 0 fucks.
If this isn't the nail in the coffin for this guy, nothing is.
I read the WSJ article on this. The woman filing suit is complaining she wasn't being paid as much as her male colleagues, etc. Article says she was supposed to make $450,000 last year.
As an "Internal Recruiter."
You fuckin kidding me?
kinda reminds me of that lady from "Billions"
Wendy Rhoades, perhaps?
Pretty much all of her complaints were valid except the one about pay. I have never heard of an internal recruiter making that kind of dough.
I agree...to be fair my prior remark wasn't to be dismissive, I was making a point about the salary comparison, I think the therapist in the show made like ~$800k, plus got ownership at some point. I didn't finish the show....
I think the problem lies in more that yesterday CNBC had that as news, today they are talking about how the Sports Illustrated swim shoot issue is empowering. Not that the same woman complaining is in the magazine, but it's so contradictory.
I thought you meant like Steve was completely opposed to any women in all circumstances. But then I realized that's his gay cousin Andy Cohen.
I always think whats the stuff that doesn't get released.
Exclude women - get sued
Hire women - get sued
Sad that a private business can’t hire as it pleases.
I feel this occurs in many situations, usually when people try to paint everything as black and white.
they aren't getting sued because they hired women....
Andrew Tong is the only exception to this policy.
savage
Any time I've seen lawsuits about pay at big trading firms, I'm like wtf when I see the actual numbers. There was one at BP a few years ago where a woman claimed discrimination because she made only $4.8m instead of $5.5m according to her calcs.
http://il.findacase.com/research/wfrmDocViewer.aspx/xq/fac.20100311_000…
FT Article here - https://www.ft.com/content/501dce94-1062-11e8-8cb6-b9ccc4c4dbbb
Ms Bonner runs Point72’s talent analytics team, managing 14 people. This year her target pay is $300,000 plus a $225,000 bonus, according to the lawsuit. A “less experienced” male peer who was recently hired was paid more than $725,000, she alleges, while another was earning $1.3m.
One allegation concerns a fundraiser last year with Point72 executives, where she says she overheard a business associate of Mr Cohen’s ask a Point72 portfolio manager if he wanted to “f**k” a woman who was there with the associate, and then say: “You can, she works for me.
Ms Bonner also claims that Douglas Haynes, the company’s president, left the word “pussy” written on a whiteboard hanging in his office for several weeks. She said that when she complained about “insults and humiliation” from the head of information technology at the company, he was then allowed to join the committee that declined to grant her a promotion.
says she has broken the non disclosure agreement of her contract by stating other peoples salary lol
How the hell do recruiters get paid that much? How much do the PMs there make? Good lord.
Interested to see if his firm can perform at pre-scandal levels. Anyone here read Black Edge?
It can't. The industry has gotten a lot more competitive since then
Aperiam quod repudiandae velit est voluptate cupiditate. Commodi blanditiis excepturi aut. Minus soluta tempore cumque perferendis vel aut ipsum. Et non provident nisi qui sed vero excepturi laudantium. Sed natus aut eligendi a aut accusantium. Eos error optio ut.
Incidunt minima et ex dolor. Velit velit id nemo quae expedita quas quo. Corrupti minima ipsam eum. Voluptatem exercitationem quae aperiam voluptatem voluptatum voluptas quaerat sunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...