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Cantor Warns of Investor Backlash in Wake of Fisher Remarks

Eric Cantor
Eric CantorPhotographer: Andrew Harrer/Bloomberg
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Moelis & Co. Vice Chairman Eric Cantor said financial firms failing to respect women in the workplace will be increasingly punished by customers.

Speaking in Saudi Arabia, Cantor commented weeks after 68-year-old money manager Ken Fisher let loose a bunch of vulgar remarks at an industry conference. In the aftermath, investors have pulled about $3.1 billion from the $114 billion Fisher Investments manages.