X
Breaking

Hedge fund titan Paul Tudor Jones once said the 'good news' is that everyone will eventually forget what Harvey Weinstein did

Business Insider | Dec 7, 2017, 08.53PM IST

Paul Tudor Jones

REUTERS/Eduardo Munoz

Paul Tudor Jones speaks at the Sohn Investment Conference in New York

  • 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.

NOW WATCH: Economist Jim Rickards on gold versus bitcoin - intrinsic value is meaningless for both but the bitcoin prices aren't real

Add Comment
Keep scrolling for next story

The 10 most luxurious first-class cabins in the world

Loading next story
Copyright © 2015 Bennett, Coleman & Co. Ltd.
All rights reserved.