FT News Briefing The Crispin Odey investigation
Jun 13, 2023
France is rallying for a global tax on shipping emissions. The notable news also includes the death of former Italian prime minister Silvio Berlusconi. A deep dive reveals shocking sexual misconduct allegations against Crispin Odey, exposing the facade of a powerful financier. The discussion unfolds the challenges faced by women bravely coming forward, shedding light on accountability and cultural indifference. The fallout from the investigation ignited a significant shakeup in Odey Asset Management, prompting financial institutions to sever ties.
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New Allegations
- Despite previous allegations against Odey, the FT investigation is different.
- It includes nine new women who have never spoken to the press, highlighting the bravery of these women coming forward.
Judge's Impact
- Women's rights groups criticized the judge's comments in a previous case for deterring future complaints.
- Some sources cited these comments as a reason for not going to the police.
Open Secret
- Odey's behavior was an open secret at his firm, almost a joke.
- Senior partners advised female employees to avoid him, prioritizing their wallets over female colleagues' safety.