• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
MPWBroadsheet

Sheryl Sandberg, Billy Bush, Shervin Pishevar: Broadsheet for Dec. 4

By
Valentina Zarya
Valentina Zarya
Down Arrow Button Icon
By
Valentina Zarya
Valentina Zarya
Down Arrow Button Icon
December 4, 2017, 8:13 AM ET

Good morning, Broadsheet readers! Sheryl Sandberg and Sallie Krawcheck weigh in on the recent influx of sexual harassment news, poor girls are doing better in school than boys, and—surprise, surprise—more powerful men get accused of harassment. Have a productive Monday.

EVERYONE'S TALKING

It’s the power, stupid. Two powerful women wrote editorials responding to the wave of sexual harassment allegations over the weekend. Interestingly, both of their takes focus on a single theme: power.

Sheryl Sandberg’s essay, which she posted on Facebook Sunday morning, begins: “The 1992 presidential race was once summed up in a pointed phrase: ‘It's the economy, stupid.’ Today, as headlines are dominated by stories about sexual harassment and sexual assault at work, a similar phrase comes to mind: ‘It's the power, stupid.’ The Facebook COO goes on to talk about how, when she experienced harassment, the perpetrator always had more power than she did. “That’s not a coincidence. It’s why they felt free to cross that line."

The New York Times,meanwhile, published an editorial by Sallie Krawcheck, former CEO of Smith Barney and of Merrill Lynch Wealth Management and co-founder of robo-advisor startup Ellevest, on Saturday. Krawcheck writes that even when she moved up the corporate ladder, “and it felt a little less fraught to deal with the inevitable,” she still experienced unwanted advances—but was able to decline them. “I was able to say no to the senior government official who said, ‘How about we go up to my hotel room?’ before obscenely wagging his tongue at me in front of my colleagues. I could knock the portfolio manager’s hands off my leg without too much fear of retribution.”

Both women are advocating for the same solution to the on-going sexual harassment epidemic: get more women in power.

That, of course, is much easier said than done. The gender gap at the top of corporate America—just 5% of Fortune 500 CEOs are female—is the result of a confluence of sociocultural factors (women as primary caretakers, implicit biases against women leaders, lack of paid family leave, absence of role models, etc.) And yet, while it’s unlikely that we’ll solve all of those in the next decade, it is heartening to know that the few women who are at the top are pushing to get more of us up there with them.

ALSO IN THE HEADLINES

•Billy begs to differ. Billy Bush, the Access Hollywood host to whom President Trump was speaking in the now-infamous 2005 tapes in which he told a bus full of men to "grab 'em by the pussy," accuses the president—who has been suggesting that the voice on the tape is not his—of "indulging in some revisionist history." Bush goes on to explain that while he thought Trump was performing a "crass standup act" back then, he knows better know; "I believe her," he says of one of Trump's many accusers. New York Times

And in what's becoming a daily list of sexual harassment accusations against powerful men...

•Shervin Pishevar. Five women have accused venture capitalist Shervin Pishevar of sexual misconduct. Uber employees also tell Bloomberg that Pishevar, an early investor in the ride-hailing startup, made unwanted advances towards Austin Geidt, Uber's fourth employee and now head of operations for Uber’s autonomous driving unit. Pishevar "denied touching Geidt inappropriately then or making sexual advances toward her at other events." His spokespeople didn't comment on the other allegations, but said, "We are confident that these anecdotes will be shown to be untrue.”Bloomberg

•Vice’s vices. Vice Media fired three employees for “verbal and sexual harassment” and “other behavior that is inconsistent with our policies, our values, and the way in which we believe colleagues should work together,” the company’s new CHRO, Susan Tohyama, wrote in an internal memo Thursday. One of the three is Jason Mojica, head of Vice’s documentary films unit. (He said he was “deeply disappointed by this outcome.") New York Times

•Molto agitato at The Met. The Metropolitan Opera has suspended James Levine after three men came forward accusing him of sexual harassment (all of them were teens at the time). Levine had been the Met’s music director for four decades and is currently a conductor at the storied opera house. Rumors about him and sexual abuse have been circulating since 1979 and the allegations stretch back to 1969. "I don’t have the faintest idea where those rumors came from or what purpose they served,” Levine said back in 1987; his spokesman didn't comment on the suspension. New York Times

•Where your tax money goes. Citing people familiar with the matter, Politico reports that Rep. Blake Farenthold (R-Texas) used $84,000 of taxpayer money to settle a sexual harassment claim brought by his former spokeswoman. Lauren Greene sued the lawmaker in 2014 over allegations of gender discrimination, sexual harassment, and creating a hostile work environment. Farenthold is the only known sitting member of Congress to have used a congressional account to pay an accuser. He did not confirm or deny Politico's report that his office was responsible for the payout. Politico

MOVERS AND SHAKERS:Cynthia Collins, who was appointed CEO of genetics startup Human Longevity in January, is out after 11 months on the job.

IN CASE YOU MISSED IT

•Sorry-ish. New York Times journalists annotated the apologies—and non-apologies—issued by high-profile men accused of sexual misconduct. Gender editor Jessica Bennett writes about one portion of Harvey Weinstein’s statement: “These sound like the ramblings of your crazy uncle at Thanksgiving dinner.” New York Times

•The woman behind the CFPB. The Consumer Financial Protection Bureau has been in the headlines lately thanks to the fight over who will succeed its director, Richard Cordray. (A federal judge last week refused to block Donald Trump's pick Mick Mulvaney; Cordray’s hand-picked successor Leandra English says she'll seek an injunction against Mulvaney.) English isn’t the first woman to be involved with the CFPB; the bureau “owes its existence to a 2007 article Warren wrote for the journal Democracy, arguing that consumers needed a federal agency to regulate defective mortgages the way the Consumer Product Safety Commission regulates defective toasters.” Politico

•Out-learning the boys. Women from low-income and minority families are vastly outpacing men when it comes to education: 17.6% of women who were high school sophomores in 2002 had received a bachelor’s degree by 2013, compared to 12.4% of men. One reason has to do with how they’re socialized: Girls derive more satisfaction from pleasing parents and teachers than boys do, according to sociologist Claudia Buchmann, while boys often feel pressured to act “masculine,” which can lead them to eschew school. The Atlantic

•The Econ gap. One field in which female students are still not nearly as well-represented as their male counterparts is economics. According to new research from the Federal Reserve, women make up about 30% of the nation’s economics majors, while minorities represent just 12%. The lack of diversity is limiting to economics policy, the report's authors note, as white male policymakers are "likely to see one particular set of solutions as providing the most compelling remedies" to social problems. Wall Street Journal

Share today's Broadsheet with a friend.
Looking for previous Broadsheets? Click here.

ON MY RADAR

The women who turned their food woes into a meal delivery company Motto

The 92-year-old woman who is still shaking up Wall Street Wall Street Journal

Meet ‘Supergirl,’ the world’s strongest teenager New York Times

Should women be paid for donating their breast milk? The Atlantic

QUOTE

Now ‘House of Cards’ is ruined, and that really sucks, well here’s a list of stuff that’s ruined for us: Parking and walking and Uber and ponytails...
Actor Saorsin Ronan and ‘Saturday Night Live’ cast members Cecily Strong, Kate McKinnon and Aidy Bryant in ‘Welcome to Hell,’ a song about the recent fallout from sexual harassment claims
About the Author
By Valentina Zarya
See full bioRight Arrow Button Icon

Latest in MPW

Workplace CultureSports
Exclusive: Billionaire Michele Kang launches $25 million U.S. Soccer institute that promises to transform the future of women’s sports
By Emma HinchliffeDecember 2, 2025
11 days ago
C-SuiteLeadership Next
Ulta Beauty CEO Kecia Steelman says she has the best job ever: ‘My job is to help make people feel really good about themselves’
By Fortune EditorsNovember 5, 2025
1 month ago
ConferencesMPW Summit
Executives at DoorDash, Airbnb, Sephora and ServiceNow agree: leaders need to be agile—and be a ‘swan’ on the pond
By Preston ForeOctober 21, 2025
2 months ago
Jessica Wu, co-founder and CEO of Sola, at Fortune MPW 2025
MPW
Experts say the high failure rate in AI adoption isn’t a bug, but a feature: ‘Has anybody ever started to ride a bike on the first try?’
By Dave SmithOctober 21, 2025
2 months ago
Jamie Dimon with his hand up at Fortune's Most Powerful Women Summit
SuccessProductivity
JPMorgan CEO Jamie Dimon says if you check your email in meetings, he’ll tell you to close it: ’it’s disrespectful’
By Preston ForeOctober 17, 2025
2 months ago
Pam Catlett
ConferencesMPW Summit
This exec says resisting FOMO is a major challenge in the AI age: ‘Stay focused on the human being’
By Preston ForeOctober 16, 2025
2 months ago

Most Popular

placeholder alt text
Economy
Tariffs are taxes and they were used to finance the federal government until the 1913 income tax. A top economist breaks it down
By Kent JonesDecember 12, 2025
1 day ago
placeholder alt text
Success
Apple cofounder Ronald Wayne sold his 10% stake for $800 in 1976—today it’d be worth up to $400 billion
By Preston ForeDecember 12, 2025
24 hours ago
placeholder alt text
Success
40% of Stanford undergrads receive disability accommodations—but it’s become a college-wide phenomenon as Gen Z try to succeed in the current climate
By Preston ForeDecember 12, 2025
23 hours ago
placeholder alt text
Economy
For the first time since Trump’s tariff rollout, import tax revenue has fallen, threatening his lofty plans to slash the $38 trillion national debt
By Sasha RogelbergDecember 12, 2025
19 hours ago
placeholder alt text
Economy
The Fed just ‘Trump-proofed’ itself with a unanimous move to preempt a potential leadership shake-up
By Jason MaDecember 12, 2025
17 hours ago
placeholder alt text
Success
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio
By Preston ForeDecember 10, 2025
3 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.