FINANCE BOSS SAYS SORRY FOR HITLER GAG August 18, 2010 AN UPDATE on the saga of Stephen Schwarzman, the Blackstone Group chief executive who ruffled a feather or two recently by comparing the plight of the private equity industry to the Second World War. The ever-outspoken Schwarzman, peeved at the ongoing battle between US politicians and the sector over increasing its tax burden, claimed: “It’s [...]
Shareholdersshow disdain for Dell chief August 18, 2010 DELL founder Michael Dell survived an investor savaging during his re-election to chief executive, with more than a quarter of voters withholding their support. Shareholders are furious at the firm’s fall from being the biggest computer manufacturer in the world to its current third place behind Hewlett-Packard (HP) and Acer. Dell’s stock is down more [...]
Oracle slams HP’s corporate correctness August 10, 2010 Oracle boss Larry Ellison yesterday laid into Hewlett-Packard after its chief executive Mark Hurd was forced to resign following allegations by a former porn star. Ellison slammed HP’s board for ousting close friend Hurd despite clearing him of sexually harassing Jodie Fisher, star of movies including Sheer Passion and Intimate Obsession. Ellison said: “The HP [...]
Porn star takes centre stage in the ousting of HP boss Mark Hurd August 9, 2010 A glamorous former porn star set in motion the chain of events that last week ended with the downfall of one of America’s most powerful chief executives. HP boss Mark Hurd, 53, was forced to resign after it was found $20,000 (£12,500) of expense claims in his name were inaccurate. It then emerged the married [...]
Wall Street pauses ahead of Fed rates August 9, 2010 US stocks rose yesterday in the quietest session of the year on speculation that the Federal Reserve would signal potential steps to boost the sluggish economic recovery. Volume was a mere 5.71bn shares, compared with last year’s estimated daily volume of 9.65bn shares, as investors were wary of taking new positions before the Fed’s statement [...]
Ousted HP boss settles with accuser August 8, 2010 HEWLETT-PACKARD’S former chief executive officer Mark Hurd has reached a legal settlement with the woman who accused him of sexual harassment, and she has also agreed to release HP from legal claims, according to sources familiar with the matter. The world’s biggest computer maker stunned Wall Street and Silicon Valley on Friday by announcing Hurd’s [...]
EX-CITI BANKER CLAIMS UNFAIR DISMISSAL – FOR BEING GORGEOUS June 2, 2010 WE’VE all heard of lawsuits being fired back and forth due to foxy females being sexually harassed at work, but bringing a legal complaint because managers insist a lady is too attractive to wear her normal office attire? That’s got to be a new one. Latino bombshell Debrahlee Lorenzana has filed a lawsuit in New [...]
HIGH FLYER LOSES COURT CASE May 3, 2010 A HIGH-FLYING marketing executive who accused her boss of sexual harassment and trying to hire Russian hitmen to kill her has had her £4m compensation claim quashed by an employment tribunal. Jordan Wimmer, 29, was described as not being a “persuasive” witness in her lurid case against multi-millionaire Mark Lowe of Nomos Capital.
It’s sexist and immoral, but man are we mad about it January 18, 2010 HAS your wife seen her?” sneers Roger Sterling, partner at Sterling and Cooper ad agency on Madison Avenue, as his colleague Don Draper’s shapely, impeccably-styled secretary walks out of the room. In the exaggerated, vivid and very boozy world of Mad Men, which added to its arsenal of awards at Sunday night’s Golden Globes, the [...]
MPs to question Harman in sex in the City hearing October 19, 2009 Sexism in the City will be in the spotlight once again today when the Treasury Committee continues to take evidence for a new inquiry into the treatment of women in the Square Mile. Minister for Women and Equality Harriet Harman is scheduled to speak as well as Sarah McCarthy-Fry, exchequer secretary for the Treasury and [...]