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Bill Gates' money manager reportedly told a Black employee she lived 'in the ghetto'

Former employees at the Gates' money management firm accused Michael Larson of judging female employees on attractiveness, the NYT reports. ....

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Michael Larson: Timeline of Allegations Against Bill Gates' Money Manager

Michael Larson: Timeline of Allegations Against Bill Gates Money Manager
On 5/27/21 at 10:31 AM EDT
According to a new report published by
The New York Times, Larson, 61, presided over a misconduct-laden workplace at Gates s money-management firm, Cascade Investment.
The report states that Larson made inappropriate comments about female staff members and also made a racist comment to a Black employee.
A Timeline of Bill Gates and Jeffrey Epstein s Relationship
Read more
His spokesperson has denied the claims in a statement to the NYT.
During his tenure, Mr. Larson has managed over 380 people, and there have been fewer than five complaints related to him in total, Chris Giglio said. Any complaint was investigated and treated seriously and fully examined, and none merited Mr. Larson s dismissal. ....

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An Activist Investor Leads a Rebellion Against Exxon Mobil

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Darren Woods, Exxon Mobil’s C.E.O., suffered a big defeat in his fight with an activist investor.Credit.Brendan McDermid/Reuters
The little Engine …
Exxon Mobil suffered a stunning loss at its annual shareholder meeting yesterday, as a small new activist investor focused on climate change, Engine No. 1, won at least two seats on its 12-member board. To corporate America, the upset was a clear sign that company boards and leaders need to pay attention to environmental, social and governance issues (known as E.S.G.) or suffer rebukes.
A big splash for a tiny fund. Exxon was the first activist campaign for Engine No. 1, which was founded last year by the energy and tech investor Chris James. Its head of active engagement is Charlie Penner, a veteran hedge fund executive who helped lead campaigns against companies like Apple while at Jana Partners. ....

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Bill Gates' money manager: What to know about Michael Larson

Michael Larson, who has been accused of workplace misconduct, has been managing Bill Gates’ wealth through Cascade Investment for 27 years. ....

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Bill Gates' Money Manager Reportedly Told a Black Employee She Lived 'In the Ghetto' and Made Sexual Comments About Female Colleagues

Bill Gates Money Manager Reportedly Told a Black Employee She Lived In the Ghetto and Made Sexual Comments About Female Colleagues
The New York Times found new details about a 2017 sexual-harassment allegation against Michael Larson.
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This story originally appeared on Business Insider
Former employees of Cascade Investment told the outlet that Michael Larson showed coworkers photos of naked women, judged female colleagues attractiveness in front of male employees, and fostered a culture of fear at the firm tasked with growing the Gateses wealth.
When an employee, Stacy Ybarra, told Larson she planned to leave Cascade for another company, Larson shorted that company s stock and told her he had done so to spite her, three people told The Times. (A spokesperson for Larson confirmed to The Times that Cascade shorted the stock but said it ....

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