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Bloomberg culture: toxic for women



Bloomberg LP, the financial-data firm that presidential candidate Michael Bloomberg founded in 1981, has repeatedly been described as a sexualized, predatory environment in harassment and discrimination complaints from several women, a Business Insider investigation has found.

In court records going back 20 years, multiple women have accused Michael Bloomberg of permitting his company to become — in the words of one former employee — a “reckless playground” for male senior executives to “target young, female, naive employees” for sex.

Two women, including one who filed a claim as recently as 2016, alleged that they were sexually assaulted by Bloomberg LP executives and terminated after raising complaints.

Michael Bloomberg has been accused repeatedly in court records of making crude remarks, including telling employees, “You must be a great fuck” and “I would like nothing more in life than to have Sharon Stone sit on my face.”

While his spokesman has portrayed those sorts of comments as unfortunate episodes from decades ago, Bloomberg and his company face five active discrimination complaints as he launches his presidential bid.

Subscribe to read our story: Michael Bloomberg built a $54 billion company. For 2 decades, women who worked there have called it a toxic, sexually charged nightmare.

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