Episode Details

Crispin Odey, a former hedge fund boss, abandons his libel lawsuit against the Financial Times, which had accused him of sexual misconduct. The FTs public interest defense was likely to win, and Odey faced potential financial ruin in a courtroom battle. The case is seen as a victory for victims and journalism, as Odey was ousted from his firm and banned from the financial world. He also faces a fine and potential work ban from regulators.

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