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Entertainment

Amar Ramasar, Metropolis Ballet Dancer, To Retire After Texting Scandal

A star dancer with the New York City Ballet, who has come under fire for sharing vulgar text and sexually explicit photos, plans to leave the company next year.

Dancer Amar Ramasar will retire in May after a 20-year career with City Ballet, according to an announcement for the 2021-22 season the company released this month.

Ramasar has been under intense scrutiny since 2018 when he and two other male dancers were accused of sending inappropriate texts and photos from fellow City Ballet dancers.

The scandal rocked the ballet company and became a high-profile test of the #MeToo movement. One dancer accused the company of tolerating a “brotherly atmosphere”.

In 2018 the City Ballet released Ramasar. Months later, he was reinstated after an arbitrator ruled the company had exceeded.

City Ballet confirmed Ramasar’s resignation but made no further details, only saying that his farewell performance would be on Balanchine’s “A Midsummer Night’s Dream”.

In a statement, a Ramasar spokeswoman said he will be 40 years old this year and ready to retire.

“Amar has had a fine career with the New York City Ballet,” said spokeswoman Kimberly Giannelli. She said he was looking for other career opportunities.

Ramasar has previously said that he has learned from past mistakes. He has argued that he was only sharing pictures of his own consensual sexual activity.

Ramasar, a solo dancer, was also successful on Broadway, appearing in productions of “West Side Story” and “Carousel”.

But the SMS scandal continued to tarnish his career. Critics protested his performances and demanded his dismissal.

Other City Ballet dancers have also accused Ramasar of inappropriate behavior. Soloist Georgina Pazcoguin writes in her new memoir that Ramasar often greeted her by touching her breasts. Ramasar denies the allegations.

City Ballet has grappled with a number of scandals in recent years, including allegations of sexual harassment and physical and verbal abuse by its former ballet master Peter Martins. (Martins has denied the allegations.)

The pandemic has also challenged the company, which has resulted in the cancellation of the winter and spring seasons.

City Ballet will return to the stage on September 21st with a program of Balanchine’s “Serenade”.

Categories
Politics

TJ Ducklo will get new job at PR agency after quitting White Home amid scandal

White House Deputy Press Secretary TJ Ducklo holds a sheet of paper with names and headshots of reporters on it during a press conference at the White House in Washington on Feb. 8, 2021.

Carlos Barria | Reuters

TJ Ducklo, the former deputy press secretary for President Joe Biden, joins an influential public relations and crisis communications firm months after he left the White House for allegedly threatening to destroy a reporter’s career.

Ducklo now works for Risa Heller Communications, which is operated by its namesake Risa Heller. She was once the communications director for Senate Majority Leader Chuck Schumer, DN.Y., and worked for former New York Governor David Paterson.

She confirmed the attitude towards the political newsletter Punchbowl News.

“Like all of us, he made mistakes, faced the consequences and learned from them,” she told the outlet that published the announcement on Wednesday morning. “We are incredibly excited to have him on our team, where he is already leading high-profile crisis and emissions engagements in NY, LA and around the world and becoming a trusted advisor to corporate leaders.”

Heller didn’t respond to requests for comment Tuesday after CNBC asked if their company had discontinued Ducklo.

According to the company’s website, Ducklo started working there in June.

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According to Buzzfeed, Heller also worked for Ivanka Trump, the daughter of former President Donald Trump.

Ducklo, who has lung cancer, was briefly suspended from his post in the White House before resigning because he reportedly told a reporter, “I will destroy you”. He also reportedly made derogatory and misogynistic comments to the reporter, who is a woman.

He apologized after the reported incident in February.

People who first told CNBC about Ducklo’s new employer prior to the Punchbowl announcement declined to be named to speak freely about an unannounced hiring.

The Heller office specializes in corporate and crisis communication, runs campaigns for non-profit organizations and supports issues such as issue advocacy and regulatory affairs. With its connections to Biden and administration, Ducklo could be of service to Heller’s customers on the regulatory front.

Ducklo and Heller did not return repeated requests for comment, and in particular did not deny anything CNBC asked them about the former White House deputy press secretary.

Many of the company’s other executives come from a variety of backgrounds, including previous roles at Fox News, the New York Post, and Senator Amy Klobuchar’s office.

Few of the employees listed on the Heller website have previous connections with Biden. Crains New York reports that Heller’s company represents marquee clients such as Major League Soccer’s New York City FC, Airbnb and the Metropolitan Opera.

Before Ducklo left the Biden administration, he was known as one of the president’s closest communications advisors. He was previously Biden’s campaign spokesman.

Ducklo also has experience outside of politics, including serving as communications director for NBC News.

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World News

Credit score Suisse takes $4.7 billion hit from Archegos hedge fund scandal

A Swiss flag flies over a Credit Suisse sign in Bern, Switzerland

FABRIC COFFRINI | AFP | Getty Images

Credit Suisse announced several senior executives leaving Tuesday and proposed cutting its dividend as it weighs the heavy losses from the Archegos Capital saga.

The Swiss lender now expects a pre-tax loss of around 900 million francs (960.4 million US dollars) for the first quarter after taking on a burden of 4.4 billion francs as a result of the scandal.

“The significant loss in our Prime Services business due to the failure of a US-based hedge fund is unacceptable,” CEO Thomas Gottstein said in a trading update.

Brian Chin, CEO of the Investment Bank, and Lara Warner, Chief Risk and Compliance Officer, will be stepping down from their roles with immediate effect, the bank said.

Last week, Credit Suisse announced that it was expecting heavy losses following the collapse of US hedge fund Archegos Capital. The bank was forced to dump a sizeable amount of shares in order to sever ties with the troubled family office.

The board has also waived its bonuses for the 2020 financial year, the bank announced on Tuesday. Chairman Urs Rohner gave up his “chairman’s fee” of 1.5 million francs.

At its Annual General Meeting on April 30, Credit Suisse, together with the amended compensation report, will propose a dividend of CHF 0.10 gross per share.

“In particular, following the major US hedge fund issue, the board of directors is changing its proposal to distribute dividends and withdrawing its proposals for variable compensation for the board of directors,” the Swiss lender said in a trade update.

The company has suspended its share buyback program and does not intend to resume buying shares until it has returned to its target capital ratios and restored its dividend.

Credit Suisse stocks were trading 0.1% below the flatline by mid-morning trading in Europe.

Another scandal

Last month, the bank announced a restructuring of its wealth management business and a suspension of bonuses to contain the damage from the collapse of UK supply chain finance firm Greensill Capital.

The Board has launched two separate inquiries into the Greensill and Archegos sagas, to be conducted by third parties, “to examine not only the direct problems that arise from each of them, but also the wider implications and lessons learned . ” “”

On May 1, Chin will be replaced at the head of the investment bank by Christian Meissner, currently Co-Head of the international wealth management investment banking advisory service at Credit Suisse and Deputy Chairman of Investment Banking.

Joachim Oechslin was appointed Interim Chief Risk Officer and Thomas Grotzer Interim Global Head of Compliance on Tuesday. All three will report to CEO Gottstein.

“Combined with the recent issues related to supply chain finance funds, I have found that these cases have caused significant concern to all of our stakeholders. Together with the Board of Directors, we are determined to address these situations,” Gottstein said in a statement .

Categories
Politics

Cuomo once more refuses to resign over sexual harassment scandal

Governor Andrew Cuomo speaks about the latest allegations.

Source: New York State

A combative New York governor, Andrew Cuomo, again refused to resign Friday, arguing that calls from a growing number of Democratic lawmakers he dismissed over a sexual harassment scandal are “ruthless and dangerous” for ignorance of the facts.

“I didn’t do what was claimed, period,” Cuomo told reporters. “Politicians who don’t know a single fact but still form a conclusion and then an opinion are, in my opinion, ruthless and dangerous.”

“I’ve never molested anyone, I’ve never attacked anyone, I’ve never molested anyone,” said the three-time Democratic governor after suggesting that the women who complained about him had some motivation to lie. He didn’t say what that motivation could be.

He also said, “I haven’t had an inappropriate sexual relationship.”

“I will not resign,” said Cuomo. “I was not elected by the politicians, I was elected by the people.”

Several women, including three former aides, say Cuomo sexually molested them, while a fourth woman, who currently works for Cuomo, reportedly told supervisors that he aggressively fumbled under her blouse at the governor’s mansion.

Other women said he touched her and talked to her in a way that made her feel uncomfortable.

A majority of the Democratic members of the US House of Representatives from New York districts called on Cuomo to resign on Friday.

Those calls came a day after nearly 60 Democratic members of the state assembly called for the governor’s resignation and after the Democratic Assembly spokesman approved an impeachment investigation into Cuomo’s behavior towards women and a cover-up of data related to care home deaths in Covid.

“The repeated allegations against the governor and the way in which he responded to them made it impossible for him to continue governing at this point,” wrote Justice Justice of the House Jerry Nadler, DN.Y., on twitter. “Governor Cuomo has lost the confidence of the New York people. Governor Cuomo must resign.”

Cuomo said these calls were premature at best.

“Politicians take positions for all sorts of reasons, including political expediency and bowing to pressure,” he said. “But people know the difference between playing politics, bowing to break culture, and the truth.”

“I also want to be clear. There is still a question of the truth,” Cuomo told reporters when he denied touching anyone inappropriately, as several women have claimed.

“I’m not going to speculate on people’s possible motives, but I can tell you the former [state] Attorney General, who has been through this situation many times, there are often many reasons to make an allegation and so you need to know the facts before making a decision, “he said.

The governor noted that there are now two reviews of the allegations: one overseen by Attorney General Letitia James and the other the congregation’s impeachment investigation.

“Nobody wants them to go faster and more thorough than me. Let them do it,” said Cuomo. “I’m not going to discuss this issue in the press. That’s not how it is done. This is not how it should be done.”

“Serious allegations should be weighed seriously, right? That is why they are labeled serious,” he said. “To be serious, you need the facts before you come to a conclusion. How do you come to a conclusion before you know the facts?”

Categories
Politics

Cuomo backers pause fundraising throughout sexual harassment scandal

New York Governor Andrew Cuomo speaks during a press conference ahead of the opening of a Covid-19 mass vaccination site in the New York borough of Queens on February 24, 2021.

Seth Little | AFP | Getty Images

Andrew Cuomo’s top funders pause and reassess their support for the New York governor who has been accused of sexual harassment by three women, according to three people directly involved in fundraisers.

Some of these people refused, fearing retaliation from the governor, who will be the subject of an independent state investigation. Cuomo is running for a fourth term in next year’s elections.

“Nobody gives him anything now. Everything is on hold,” said a finance manager.

Others expressed confusion about the crisis Cuomo is facing.

“I think people who like him and have been with him for a long time are scratching their heads asking how he got himself into that position,” said Bernard Schwartz, a New York businessman who has supported Cuomo for years, on Monday opposite CNBC.

“If he does not present himself fully and openly and honestly, he does not deserve a fourth term, although I like him very much,” said Schwartz, who has donated $ 70,000 for Cuomo’s campaign since 2019. Schwartz said he planned to call Cuomo in the coming days.

Cuomo is a moderate democrat who has built a huge and powerful network of donors. As of July, his campaign has raised over $ 4 million, government records show. His campaign started the new year with a war chest of over $ 16 million.

The fundraiser and donors are the latest group to push Cuomo back after the allegations became public. Federal and state Democratic lawmakers, including the administration of President Joe Biden, have supported an independent investigation into the claims made against Cuomo.

New York Attorney General Letitia James’s office will select an independent outside attorney to conduct the investigation. A Cuomo press representative did not respond to CNBC’s request for comment.

Former Cuomo adviser Charlotte Bennett, 25, accused the governor of asking questions about her personal life, such as whether she was monogamous in relationships and whether she was “with an older man”.

The 63-year-old Cuomo admitted that he had conversations with aides who “were misunderstood as undesirable flirtation”. He has denied ever touching or suggesting anyone inappropriately.

Another former adjutant, Lindsey Boylan, 36, has accused Cuomo of kissing her without consent, among other things. He has denied their claims.

A third woman, Anna Ruch, 33, told the New York Times that Cuomo made an unwanted advance on her at a wedding. The newspaper article features a picture of Cuomo trying to hold the head of an uncomfortable looking Ruch. A Cuomo spokesman did not comment directly on Ruch’s allegation, according to The Times.

The relationships Cuomo has built with his financial network were evident in the early stages of the presidential primaries when he signaled his donors to support Biden.

John Catsimatidis, founder of the New York-based supermarket chain Gristedes, is another donor who weighed on the controversy. Catsimatidis, who is expected to run for a second Republican run for Mayor of New York, didn’t rule out walking away from Cuomo.

“Let’s see what the investigation shows,” Catsimatidis told CNBC on Monday. Catsimatidis gave Cuomo’s campaign $ 10,000 in 2018, records show.

Several Wall Street executives close to Cuomo donors and trustees told CNBC, on condition of anonymity, that fund-raising efforts have either been interrupted or will be reassessed in the wake of the allegations.

“They’re more of a wait and see. When this is over, they don’t want to get on the wrong side of the governor,” said one person. “So you’re in a wait and see mode, which means you’re not writing a check now, but you’re not ready to cut it off completely either.”

A longtime Cuomo employee who has regularly contributed to his campaigns told CNBC that the sexual harassment allegations could force New York voters to seek another leader for their state. Cuomo has been implicated in other scandals, including the state’s underreporting of nursing home deaths from Covid-19.

Meanwhile, companies that funded Cuomo’s most recent inauguration in 2018, and in some cases supported him throughout the past year, are silent on the allegations.

AT&T, Comcast, the United Health Group, Ernst and Young, Citigroup, JPMorgan, and Bank of America are among the major companies that have contributed to Cuomo’s political work. JPMorgan and Citi officials declined to comment. The other companies did not respond to requests for comment. Comcast is the parent company of NBCUniversal, which is owned by CNBC.

After the deadly January 6 riot on Capitol Hill, these companies decided to either pause contributions to Republican and Democratic lawmakers, stop donations to lawmakers who questioned election results, and their general policies regarding campaign contributions to lawmakers on both sides of the government to review gear, or to suspend its political donations altogether.

Veteran Democratic political strategist Hank Sheinkopf stated that most corporations will not push Cuomo back, at least not yet, as many are headquartered in New York and do much of their business in the state.

“Many of these companies are based in New York and have interests in New York. They will likely stand with the governor because it is in their best interest to do so,” Sheinkopf said.

Categories
Business

Robert Altman, Video Recreation Mogul Who Survived Scandal, Dies at 73

Mr. Altman’s survivors include Mrs. Carter and her son, a daughter, Jessica Carter Altman, a singer and lawyer; and two sisters, Susan and Nancy Altman.

After giving up banking and the law, Mr. Altman founded ZeniMax, based in Rockville, Md., In 1999 and then worked with a software developer, Christopher Weaver, of Bethesda Softworks until a dispute arose.

As the parent company of Bethesda, ZeniMax has devoured other brands. When concerns about violent video games were raised, he filled the company’s advisory board with political figures, including Robert Trump, the former president’s younger brother and Terry McAuliffe, the former Democratic chairman.

For a man whose entire professional life has been shaped by just one person, Mr. Altman’s successful career transition may not have been as steep as it seemed. James Altman quoted ZeniMax General Counsel Grif Lesher as saying that his father was so convinced of his own creativity that he would not hesitate to rewrite Shakespeare because he insisted “it can be improved.”

Devoting almost a decade to self-defense has freed Mr. Altman from further ambitions in banking, corporate law or capital power politics.

“Until your picture is on the front page of the Washington Post, until you are charged and many false allegations are made, it is very difficult to understand what it is,” he said in a television interview with Charlie Rose in 1993.

No wonder Fallout 3, one of the video games his company developed, invited gamers on a 23rd-century adventure to the ruins of post-catastrophic Washington when he switched careers. His favorite, his son said, was The Elder Scrolls V: Skyrm, which gives players the opportunity to “live a different life in a different world” and play “any type of character imaginable.”

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World News

Dutch Authorities Resigns After Advantages Scandal

Dutch Prime Minister Mark Rutte, one of Europe’s longest-serving leaders, and his cabinet resigned on Friday over a report highlighting his government’s systematic failure to protect thousands of families from overzealous tax inspectors.

Mr Rutte and his cabinet will continue to lead the government as caretakers. The general elections are planned for March. His center-right party is currently leading the polls. The other parties in his coalition that were also affected by the scandal are not expected to call for earlier elections because of the coronavirus pandemic.

“Mistakes have been made at all levels that have resulted in great injustice for thousands of families. Innocent people were criminalized and their lives were destroyed, “said Rutte in a press conference. “This cabinet has taken full responsibility.” Mr Rutte said the report that led to the downfall of the cabinet was “tough as nails” but “fair”.

Mr Rutte submitted his resignation and that of his entire cabinet after cycling to see King Willem-Alexander van Oranje. He had served his third term as Prime Minister and had headed the Netherlands since 2010. If his party receives the largest share of the vote in the upcoming election, he can take up a fourth term.

The report, the result of an investigation that also interviewed Mr Rutte, concluded that innocent families had suffered “unprecedented injustice”, some of whom were forced to repay large amounts of childcare benefits immediately.

In many cases, an administrative error such as a missing signature was enough for the tax authority to label parents as fraudsters and fine families with up to tens of thousands of euros, the report says.

“Basic principles of the rule of law have been violated,” she concluded, blowing up both government and parliament for creating “rock-hard laws” that had little room for individual cases to be fairly considered.

The chairman of the parliamentary committee that led the investigation, Chris van Dam, said the system put in place to track down benefit fraud is “a mass process with no room for nuance”.

In a separate investigation, the Dutch data protection authority came to the conclusion that tax inspectors had discriminated against citizens with dual nationalities.

Former Vice President of the Dutch State Council, Herman Tjeenk Willink, added to the allegations of systematic failure by calling on parliamentarians to also take responsibility for voting in the strict laws.

“You should look yourself in the mirror,” he wrote in a comment in the NRC Handelsblad, “and question your own role in the matter.”

Insiders expected that Mr. Rutte would easily shake off any criticism. “Yes, it’s a shame this happened under Rutte’s responsibility,” said Joost Vullings, a political commentator, “but if anyone knows how not to be ashamed, it’s our prime minister.” He will go all out to win the upcoming elections. ”

Mr Rutte said last month that the tax campaign described in the December report was “shameful” and that the government had announced that nearly 10,000 families will receive compensation of € 30,000 or about $ 36,500 each. Earlier this week, Mr Rutte insisted that the government should not resign as it could weaken the nation’s response to the pandemic.

The Netherlands has been grappling with the coronavirus since March, and its inability to contain the spread of the disease has highlighted what many are calling systemic problems with overregulation. Like many countries in Europe, the Netherlands is also blocked.

A November report ranked the government as one of the world’s leading tax havens for large companies, so the persecution of individuals for relatively small amounts did not go unnoticed.

This duality and others in Dutch politics underscore the drawbacks of the Dutch polder model, a system where every important decision is reviewed by every institution, representative or even person involved. The result is always a compromise.

“This matter is an example of a systematic error that has emerged from our coalition policy where each party scores points for its own supporters,” said Sheila Sitalsing, a commentator for de Volkskrant, “but the final compromise can no longer be implemented . ” for those who have to work with it every day. ”

Ms. Sitalsing also said voters have been rewarding politicians who promise stricter rules for two decades. “So that’s what you get,” she said of the child benefit scandal.

Families referred to by the tax authority on Tuesday increased pressure on Mr Rutte by asking his cabinet to step down in an open letter published in the Trouw newspaper.

“What needs to be done is clear: everything should be fixed and cleaned up,” said a group of families. “We don’t think the current cabinet is capable of that.”

In a move that is unique in the Netherlands, the families filed criminal charges this week against five politicians, including Finance Minister Wopke Hoekstra and Economy Minister Eric Wiebes, for their role in the matter. If convicted, they face up to six months in prison.

“We have brought criminal charges because the victims I represent have been ruined. Some became homeless as a result of these guidelines. These politicians have been extremely negligent, ”said Vasco Groeneveld, a lawyer who represents 20 victims. “Every time I open your files, shivers run down my spine. These people were treated terribly. “

Mr Wiebes, who was finance minister in a previous cabinet, will resign immediately and not stay in the caretaker government, NOS reported.

On Thursday, opposition leader Lodewijk Asscher, a former minister of social affairs, resigned for his role as leader of the Dutch Labor Party. His resignation increased the pressure on Mr. Rutte to reconsider his position.