Mercer Sued by Hedge Fund Worker Fired After Blasting Trump [View all]

[Lucky Luciano]

Source: Bloomberg

Hedge fund mogul Robert Mercer, one of the biggest financial backers of Donald Trumps presidential campaign, was sued by a former employee who claims he was fired for calling Mercer racist and publicly criticizing his support of Trump. The complaint by David Magerman, a research scientist who worked at Renaissance Technologies LLC for two decades, alleges he was wrongfully fired April 29 after his relationship with Mercer and his family became toxic. For example, Magerman alleges that Mercers daughter, Rebekah Mercer, a member of Trumps transition team, called him pond scum at a celebrity poker tournament.

The confrontation "just shows the hostility that the Mercers had toward Mr. Magerman because he dared to challenge their political views," his lawyer, H. Robert Fiebach, said in a phone call on Monday.

Mercer, a major investor in Trump-friendly Breitbart News, advised the president to hire two of the Mercer familys longtime political advisers, Stephen Bannon and Kellyanne Conway. Mercers politics have "tainted" the hedge fund, while internal policies that prohibit "politely" speaking out against the company in public are "unfair and untenable," Magerman said in the complaint, filed May 5 in federal court in Philadelphia.

The dispute started on Jan. 16 when Magerman called Mercer and asked to have a conversation about his support of Trump, according to the complaint. During the chat, Mercer said the U.S. had started going in the wrong direction after the passage of the Civil Rights Act in the 1960s, according to the complaint. Mercer also said that black Americans were doing fine in the late 1950s and are the only racist people remaining in the U.S., according to the complaint.

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Read more: https://www.bloomberg.com/politics/articles/2017-05-08/trump-backer-mercer-sued-by-employee-fired-after-speaking-out

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The Mercer's truly are sleazebuckets. Magerman is worth many tens of millions of dollars, so he is fine - though he probably gave up a lot of money - maybe $50MM or more to voice his concerns over Mercer.

Article headline is slightly misleading - the firing was more about things getting personal than simply criticizing Trump - nonetheless...the alleged conversation Magerman had with Mercer is highly believable - and it really paints the Mercers as pond scum and not the other way around.