Citigroup was the first major Wall Street bank with a female CEO. But interviews with 22 people who worked in or closely with the bank’s equities division suggest a pattern of harassment and discrimination.

Bloomberg’s Paige Smith and Max Abelson join The Big Take podcast to share what their reporting uncovered, and what it says about the rest of Wall Street’s overdue #MeToo reckoning.

Read more: Harassment and Drugs Plagued a Citigroup Division for Years

Citigroup was the first major Wall Street bank with a female CEO. But interviews with 22 people who worked in or closely with the bank’s equities division suggest a pattern of harassment and discrimination.
Bloomberg’s Paige Smith and Max Abelson join The Big Take podcast to share what their reporting uncovered, and what it says about the rest of Wall Street’s overdue #MeToo reckoning.
Read more: <a href="https://www.bloomberg.com/news/articles/2024-03-23/citigroup-inside-the-bank-unit-plagued-by-harassment-and-drugs" data-web-url="https://www.bloomberg.com/news/articles/2024-03-23/citigroup-inside-the-bank-unit-plagued-by-harassment-and-drugs" data-cke-saved-href="bbg://news/stories/SATHQJT1UM0W">Harassment and Drugs Plagued a Citigroup Division for Years</a>

Each weekday, Big Take brings you a story - one big, important story. We talk to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what's happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology - we cover it all.

Each weekday, Big Take brings you a story - one big, important story. We talk to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what's happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology - we cover it all.

Big Take

Employees Describe Pattern of Harassment and Drug Use in Citigroup Unit

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f9b3a03a-4ea2-46fd-acb6-b13e015b2949/transcript

Protestors at universities across the country have been demanding that their institutions divest from companies that are tied to Israel or the war in Gaza, a demand universities have long rejected as antisemitic. 

On today’s Big Take podcast, Sarah Holder talks to Bloomberg higher education reporter Janet Lorin and California reporter Eliyahu Kamisher about what’s really inside endowment funds and why universities are unlikely to yield to the calls of disclose and divest.

Protestors at universities across the country have been demanding that their institutions divest from companies that are tied to Israel or the war in Gaza, a demand universities have long rejected as antisemitic. On today’s Big Take podcast, Sarah Holder talks to Bloomberg higher education reporter Janet Lorin and California reporter Eliyahu Kamisher about what’s really inside endowment funds and why universities are unlikely to yield to the calls of disclose and divest.

Endowment Funds Are Complicated. Here’s What That Means for Student Protesters.

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/934401cb-8328-47f1-9c53-b15f000c6252/transcript

The US public’s trust in the media, and the government, is markedly low. A recent Gallup poll found only about 30 percent of Americans trust the media — and Pew Research found only 16 percent trust their government.

Bloomberg’s Jason Leopold is using records to try to change that. He’s filed over 9,000 requests through the Freedom of Information Act, or FOIA — a Cold War era law meant to ensure the right to transparency from the US government.

On today’s episode, Big Take DC host Saleha Mohsin and Jason dissect the FOIA process, the challenges of sifting through redacted documents from secretive government entities and the stories FOIA records have brought to light.

Subscribe to the FOIA Files newsletter: https://www.bloomberg.com/account/newsletters/foia-files

The US public’s trust in the media, and the government, is markedly low. A recent Gallup poll found only about 30 percent of Americans trust the media — and Pew Research found only 16 percent trust their government.
Bloomberg’s Jason Leopold is using records to try to change that. He’s filed over 9,000 requests through the Freedom of Information Act, or FOIA — a Cold War era law meant to ensure the right to transparency from the US government.
On today’s episode, Big Take DC host Saleha Mohsin and Jason dissect the FOIA process, the challenges of sifting through redacted documents from secretive government entities and the stories FOIA records have brought to light.
Subscribe to the FOIA Files newsletter: <a href="https://www.bloomberg.com/account/newsletters/foia-files">https://www.bloomberg.com/account/newsletters/foia-files</a>

This Episode is [Redacted]

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0cbf0992-1704-451f-838f-b15d011449e3/transcript

Gucci was once a symbol of red-carpet luxury, but its brand, along with its sales numbers, is faltering. This Tuesday, Gucci’s parent company Kering reported its latest earnings: Gucci’s comparable revenue dropped by 18% in the first quarter this year. Kering also warned that recurring operating income will continue to plummet in the first six months of this year.

On today’s Big Take podcast, Bloomberg’s Angelina Rascouet and Sara Forden talk about what went wrong at the house of Gucci, and how its billionaire owner family, the Pinaults, plan to rescue it.

Gucci was once a symbol of red-carpet luxury, but its brand, along with its sales numbers, is faltering. This Tuesday, Gucci’s parent company Kering reported its latest earnings: Gucci’s comparable revenue dropped by 18% in the first quarter this year. Kering also warned that recurring operating income will continue to plummet in the first six months of this year. On today’s Big Take podcast, Bloomberg’s Angelina Rascouet and Sara Forden talk about what went wrong at the house of Gucci, and how its billionaire owner family, the Pinaults, plan to rescue it.

What Went Wrong at the House of Gucci

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9bb6a286-8266-43cf-9b8f-b15c016d9eab/transcript

Employees Describe Pattern of Harassment and Drug Use in Citigroup Unit

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