Property magnate Sam Zell at a conference Wednesday used a lewd remark to refer to women in arguing he promotes people on merit and not gender, drawing laughter from some in the audience but prompting the event’s organizer to condemn the comment.
The founder and chairman of Equity Group Investments made the remark in a panel interview at the Nareit real-estate investment conference in New York, in response to a question about workplace diversity and the #MeToo movement.
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