Elltt Management Founr and Co-CEO Pl Sger reveals why he beme an activist the fight for gay rights and marriage equaly, a stand at odds wh many his Republin Party. He speaks to David Rubenste on "The David Rubenste Show: Peer-to-Peer Conversatns." (The terview was rerd June 7.) (Source: Bloomberg)
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WALL STREET CEOS OPEN UP ABOUT THEIR GAY SONS
'" John Mack said when his son, Stephen, me out as gay. In the "boy's club" of Wall Street, some top executiv' views on gay rights changed entirely when the issue beme personal. When he was CEO of Man Stanley (MS) and Cred Suisse First Boston (CS), John Mack was known for his progrsive views on lbian, gay, bisexual and transgenr equaly.
"I had strong views of beg anti-gay, " Mack said this month at a nference hosted by Out on the Street, an anizatn that helps firms rec and reta LGBT talent.
THE G.O.P.’S GAY TRAJECTORY
Throughout high school, Stephen said he didn't know he was gay. I'm gay, '" said Stephen. Mack said he had an "klg" his son was gay.
And the views of the people at the top are often shaped by simply knowg someone who is gay. Grandfatherhood, " hedge fund billnaire Pl Sger said about his son Andrew when he first realized he was gay. One night 1998, when he and Andrew were at dner, Andrew started askg Sger about his "views on homosexualy.
" The qutns were asked such a way that Sger began to wonr whether his son uld be gay. The next day, "[Andrew] was walkg the door, and right there, [I said], 'Are you gay? He eventually beme a steadfast supporter of gay rights.