Bloomberg News, June 23, 2023. By Jonathan Browning, Katherine Griffiths and Loukia Gyftopoulou
"Revelations of predatory acts by media mogul Harvey Weinstein helped jumpstart a global reckoning for rich and powerful men. Few expect the downfall of hedge fund manager Crispin Odey to provoke a similar watershed in the City of London.
“'Odey losing his position isn’t going to change behavior,” said Zelda Perkins, a British former assistant to Weinstein who broke her non-disclosure agreement in 2017 to speak out against him. “What has to change is the system.'”
. . .
"As the number of women who allege Odey assaulted or abused them over a period of 25 years has grown, they say they remain deeply affected by their experiences. They also warn that his June 10 ouster from the firm he founded — Odey Asset Management — is no turning point. The financial industry, they say, has a long way to go to improve the way women are treated."
. . .
"The process of reporting sexual assault in the UK can be fraught. Problems range from the treatment of whistleblowers in workplaces to a Crown Prosecution Service that is extremely cautious about bringing forward criminal cases because it is often one person’s word against another. And a Financial Conduct Authority which is, according to campaigners, too slow to investigate non-financial misconduct. The watchdog had no comment."
