Sooner or later, if you haven’t already, at least one of you will be confronted with the specific problem of how to deal with complaints by an underling with regard to his/her co-workers having sex at the office. This recent JPMorgan lawsuit involves employees of a branch in Queens, but nevertheless, a lesson can be extrapolated for all to learn from, and apply at your respective firms. If, for example, you’ve created a reputation for yourself as someone who is prejudiced towards certain groups, your reaction should seek to avoid highlighting your particular bias when addressing the matter of work-place fornication, otherwise it’ll likely be thrown in your face at a later date. Continue reading »
Lawsuits
When Dealing With Complaints About Employees Having Sex On Or Near The Copy Machine, A Delicate Touch Is Suggested
By Bess Levin
According to a regulatory filing this morning, someone has yet again decided to sue Goldman Sachs over two ABACUS-esque CDO deals. Rather than get bent out of shape about it, however, the bank has remained calm and made peace with the fact that there are probably going to be a lot more of suits where that came from, in addition to other investigations into the firm’s dealings, because we live in a word populated with idiot regulators and know-nothing sheepestors, with whom Goldman must regrettably co-exist. Continue reading »
Attorney Defending Mark and Andy Madoff Offers Interesting Theory For Why Suit Against Them Should Be Thrown Out
By Bess LevinHey remember Mark and Andy Madoff, the spawns of Bernie whose lives were shook to the core when their father and former boss admitted to not exactly playing by the “rules” when it came to investing? Many assumed they had to have been in on the crime, given that they were the number two and three employees at the firm (though our personal conclusion was that given the photographic evidence that M&A spent 90% of their time fishing and posing, and the the himbo-esque looks on their faces) and for a while there it seemed like they were probably going to go downtown themselves. On the contrary, however, they’ve managed to keep themselves out of prison. They are currently facing a $200 million lawsuit but that’ll be probably be thrown out given the flawless logic offered by their attorney for why the boys are innocent. Continue reading »
As discussed yesterday, three former employees of Goldman Sachs have filed suit against the bank alleging that it discriminates against females when it comes to pay, promotions and other opportunities within the firm. They also noted that there just generally seem to be a lack of respect for women there. And not just a lack of respect as it relates to their ability to make money but also their skills at golfers. Continue reading »
Earlier this morning, Goldman Sachs was sued by three former employees who alleged the bank discriminates against females when it comes to pay, promotions and other opportunities within the firm. And while the women of Goldman Sachs are apparently not excluded from company outings to topless bars, which would be really unfair, they are treated to some unwanted touching afterward that it’s not clear their male counterparts are offered. Continue reading »
I can think of one guy who loves this idea. Continue reading »
Her LinkedIn profile claims the former Barclays employee-cum-Russian Spyshe’s “full of self-control” but that doesn’t exactly seem to be the case. Everyone’s favorite Ruskie (whose fan base includes Dr. Doom, the Oracle of O and the man, the myth, the legend, the grand high poobah of it all, Cookie Monster himself) has been sued by Russia’s Heat magazine. And for what? Unauthorized flashing of ass, which the Eastern Europeans do not look kindly on. Continue reading »
- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
