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BLOOMBERG CAVES, Agrees To Release Former Employees From Nondisclosure Agreements


On Friday, billionaire and 2020 Democratic presidential candidate Michael Bloomberg announced that he would be releasing three female former employees from their non-disclosure agreements which had been signed "to address complaints about comments they said I had made."

Bloomberg's decision comes after Senator Elizabeth Warren along with other Democratic candidates hammered him during the debates for not releasing the women from the agreements.


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During his statement, Bloomberg said that the non-disclosure agreements had been signed "over the past 30-plus years."

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"If any of them want to be released from their NDA so that they can talk about those allegations, they should contact the company and they’ll be given a release," he said.

“I’ve done a lot of reflecting on this issue over the past few days and I’ve decided that for as long as I’m running the company, we won’t offer confidentiality agreements to resolve claims of sexual harassment or misconduct going forward," Bloomberg continued.

Check out what Fox News reported:

Bloomberg has faced harsh scrutiny over his conduct as CEO of Bloomberg Media, which he co-founded in 1981. The Washington Post recently published a report detailing allegations from lawsuits and depositions that accused Bloomberg of uttering misogynistic remarks, as well as a "pattern and practice of sexual harassment, sexual degradation of women and discrimination."

Some of the comments that Bloomberg allegedly made include: "If women wanted to be appreciated for their brains, they’d go to the library instead of to Bloomingdale’s."

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Another comment was included in a report under the title: "On Negotiations:"

"What do I want?" Bloomberg said. "I want an exclusive, 10-year contract, an automatic extension, and I want you to pay me. And I want [oral sex] from [name redacted]. Have you seen [name redacted] lately? Not bad for 50."

Fox News continues:

Friday's announcement comes days after Laurie Evans, the former director of custom content for Bloomberg L.P.’s Business Week department, claimed in a lawsuit that she was subjected to a hostile work environment when she returned to work after cancer treatment, then was fired and pressured to sign an NDA after being hospitalized for mental illness.

Sen. Elizabeth Warren, D-Mass., criticized Bloomberg over his use of NDAs during Wednesday's Democratic debate in Las Vegas, urging him to sign a contract she wrote herself to release those who have complained of his alleged inappropriate comments from the agreements.

Non-disclosure agreements have come under scrutiny with the rise of the #MeToo movement, with activists describing them as a tool to keep victims of sexual harassment or sexual abuse from publically telling their stories.

Prosecutors have alleged that Miramax co-founder Harvey Weinstein used NDAs to cover up a series of sexual assaults against women.

"I recognize that NDAs, particularly when they are used in the context of sexual harassment and sexual assault, promote a culture of silence in the workplace and contribute to a culture of women not feeling safe or supported," Bloomberg said on Friday.

"It is imperative that when problems occur, workplaces not only address the specific incidents, but the culture and practices that led to those incidents," he continued. "And then leaders must act."

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