Bill Gates money manager reportedly as Black employee for sex favours
By MYBRANDBOOK
Michael Larson, the money manager of Bill Gates and Melinda French Gates reportedly told a Black employee she lived 'in the ghetto' and made sexual comments about female colleagues. Cascade Investment was created to manage the Gateses' fortune as well as the Bill & Melinda Gates Foundation endowment.
The New York Times found new details about a 2017 sexual-harassment allegation against Larson. 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 wasn't done to spite Ybarra).
In a statement to The Times, Larson said: "Years ago, earlier in my career, I used harsh language that I would not use today. I regret this greatly but have done a lot of work to change."
The Times also reported Larson was accused of harassing a woman who managed a bike shop that was majority-owned by a Cascade-backed company. The woman hired a lawyer in 2017 and wrote a letter to Gates and French Gates threatening to sue the couple if Larson's alleged advances didn't stop. In the letter, the woman said Larson had told her he wanted to have sex with her as well as another woman, a source who read the letter told The Times.
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Paytm brings UPI Lite Wallet for low-value transactions
Paytm’s parent company One97 Communications (OCL) is emphasizing upon UP...
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
RAMCO SYSTEMS Ltd.
TALLY SOLUTIONS PVT. LTD.
TVS ELECTRONICS LTD.
GLOBUS INFOCOM LTD.
Technology Icons Of India 2023: Anant Maheshwari
As President of Microsoft India, he is responsible for Microsoft’s o...
Technology Icons Of India 2023: Natarajan Chandrasekaran
Natarajan Chandrasekaran is the Chairman of the Board of Tata Sons, th...
Technology Icons Of India 2023: Sunil Bharti Mittal
Sunil Bharti Mittal is the Founder and Chairman of Bharti Enterprises,...
DRDO is India's largest and most diverse research organisation
DRDO is the R&D wing of Ministry of Defence, Govt of India, with a vis...
Leading company into fertilizers in the country
NFL is a dynamic organization committed to serve the farming community...
ITI Limited widening its focus area
ITI Limited is a public sector undertaking company, has manufacturing ...
SUPERTRON ELECTRONICS PVT. LTD.
Supertron deals in servers, laptops, components, accessories and is a...
M. TECH SOLUTIONS (I) PVT. LTD.
M.Tech is a leading cyber security and network performance solutions ...
INGRAM MICRO INDIA PVT. LTD.
Ingram Micro India, a large national distributor offers a comprehensiv...