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From: "Gmax"
To: "jeevacation®gmail.com" <jeevacation®gmail.com>
Subject: Fw: Exclusive: Ace Greenberg Sex Harassment Settlement
Date: Wed, 29 Apr 2009 17:43:31 +0000
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---- Original Message ----
From: The Daily Beast
To: Gmax
Sent: Wed Apr 29 13:41:14 2009
Subject: Exclusive: Ace Greenberg Sex Harassment Settlement
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The Daily Beast <W:fifichtah.com/i/0/2068514899/090408 db logo top.gLf> Bear Steams $2 Million Harassment Payout
<1S://e.thedailybeastcom/ABJSJECB7SwhTB7q1Z2STiDAiCrilmain>
.
by Charlie Gasparino
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In one of his last acts as CEO of Bear Steams, James Cayne made a payment of around S2 million to a woman who was poised to file
sexual harassment charges against its legendary chairman, Alan "Ace" Greenberg, The Daily Beast has teamed.
The allegations, which centered around "inappropriate touching," according to people with direct knowledge of the matter, didn't result in a
lawsuit. Instead, reeling from the bad press of the firm's role in the burgeoning financial crisis, Cayne settled the matter with the woman, a
much younger employee who worked in sales capacity, and who had initially demanded a much higher payment. The employee also
claimed to have had a witness to this behavior. In an interview, the 81-year-old Greenberg said, "I can't comment on something as
ridiculous as this."
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