Hedge fund titan Paul Tudor Jones once said the 'good news' is that everyone will eventually forget what Harvey Weinstein did
REUTERS/Eduardo Munoz
- Paul Tudor Jones, a hedge fund titan, expressed his support for disgraced Hollywood producer Harvey Weinstein in an email shortly before Weinstein was ousted from his own company, the New York Times reported Wednesday.
- He said the "good news" was that everyone would forget about the accusations against him.
- Jones addressed the comments in a memo to employees on Wednesday, according to CNBC.
Legendary hedge fund manager Paul Tudor Jones reportedly reached out to comfort the now-disgraced Hollywood producer Harvey Weinstein the day before Weinstein was ousted from his own company, the New York Times reported Thursday.
"I love you," Jones reportedly wrote to Weinstein on October 7. "Focus on the future as America loves a great comeback story ... "The good news is, this will go away sooner than you think and it will be forgotten!"
The detail was part of a deep dive into the "complicity machine" Weinstein had engineered in his Hollywood circle in order to intimidate and silence potential accusers.
Jones addressed his comments to Weinstein in a memo to his employees on Wednesday.
"I deeply believe in redemption, but what I know now is that Harvey was a friend I believed too long and defended too long," the 63-year-old said, according to CNBC. "Perhaps in your own life you have faced a similar dilemma - how to react to a friend who is revealed to be someone other than the person you believed him or her to be."
Jones has also faced accusations of making sexist comments, Bloomberg reports. Speaking at the University of Virginia in 2013, he reportedly said that having kids diminished female employees' skill and focus. He later apologized.
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- India legend Yuvraj Singh named ICC Men's T20 World Cup 2024 ambassador
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market