Economics/Class Relations

Iguanas are falling from trees!

December 23, 2022
Hello, Insiders. I’m writing to you from my not-so-sunny homestate, Florida. It’s where my parents still live, and where we’re spending Christmas. It’s unusually cold here and getting colder fast. (Apparently so cold that iguanas are falling out of trees?)

 

While we intended to fly from New York today, dismal weather pushed our flight up by a day, and we made it on Thursday — after a super bumpy flight.

 

Anyway, there’s bad weather across the globe and it’s really messing up people’s plans. Maybe you’re one of those people? If so, venting can help. Send a note to insidertoday@insider.com about your holiday travel nightmare, and maybe we’ll publish it so others can commiserate. But here’s hoping you don’t have to — because travel was easy and you spent a warm, cozy weekend celebrating.

 

— Nicholas Carlson

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The big story
Marianne Ayala/Insider

 

Behind a Wall Street headhunter’s rapid ascent lie accusations of harassment and abuse

 

Durlston Partners, a financial-services-headhunting firm, wooed employees with the promise of fast cash, epic parties, and an unbeatable culture. But some people who worked there say its founder, Vax Bahram, also created a culture of fear, made racist and sexist comments, and potentially violated UK pension requirements.

 

Seven former employees spoke with Insider about their experiences at Durlston. Themes that emerged from conversations with former employees, as well as court records, emails, and WhatsApp messages Insider reviewed, were grievances over the leadership and an extensive range of abusive, erratic, and often unprofessional behavior by Bahram.

 

Through his attorneys, Bahram denied this characterization, which he said is “divorced from reality.”

 

In a statement provided by the lawyers, he said: “Durlston has worked immensely hard to build an inclusive and professional company culture over many years. This story arises from a small number of former employees, some of whom are attempting to form a competitor firm, making false allegations against the company and its founder. This cynical tactic to discredit the company for commercial gain is unethical and bound to fail.”

READ THE FULL STORY HERE
 

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Peter Dazeley/Getty Images

 

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Today’s team
This edition was curated by Nicholas Carlson, and edited by Hallam Bullock, Jordan Parker Erb, and Shona Ghosh. Get in touch: insidertoday@insider.com.
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