In the statement, she states unequivocally that Mason Kane expressed an unhealthy interest in her daughter, Rebecca Lowell. She asserts that on numerous occasions she had caught both Mr. Kane and her daughter in sexually compromising positions that violated the sanctity of her marriage vows.
Ms. Lowell further goes on to state that she plans to bring about conclusive proof in divorce court should she be required to that these overtures by Mr. Kane were the result of his "bare knuckles" approach to dealing with her when the two disagreed on investment matters for the Firm. Ms. Lowell was made Chief Investment Counsel to the CEO less than three months ago. Almost immediately, the two began to clash on controversial investments and the future of Kane Price.
Numerous insiders describe the situation inside Kane Price as two armed camps that are facing off against each other, with one side siding with Lorna Lowell and the investment direction she proposes, and the other sticking with Mr. Kane and the tried and true formula that he believes in.
Mr. Kane has faced troubles before. Earlier in the year he was at the heart of a scandal after being filmed in a compromising sexual position with a television anchor, Stacy Sawyer. The video culminated with his ejaculation on live television.
Investors and clients are naturally spooked by the turbulence at Kane Price and sources tell us that an outflow of money has already begun that will most likely get worse if the Board decides to remove Mr. Kane in it's No Confidence meeting scheduled four days from now.
At this time, the only person who seems to be calm is Mason Kane himself. Reporters sought to gauge his pulse as he headed out of his One57 condo, but the CEO stated that he had no comment to give. Mr. Kane was last seen heading toward Peterborough Airport and many find it odd that he would leave New York City at a time like this rather than prepare for the meeting that will decide his fate as CEO.
As the eyes of Wall Street focus on Kane Price, stay tuned to MarketWatch Journal for all your updates.
30
Becca
Four days ago, the no confidence vote was announced, and Mason left me to go to his apartment and then go to the airport.
Halfway to his apartment, I remember him calling me.
"Can you email me everything you have?" he asked. I rolled my eyes as he qualified that statement with a, "I love you but I'm just reminding you because I'm going to be going away for a little bit."
I would have asked where but I knew there was no point.
There was something that I had found in the Red Lion research that had tickled Mason and he was off to go see what it was.
"Don't worry, baby girl," he told me over the phone before he hung up. "I'm pretty sure after I'm back no one will fuck with us ever again."
I tried to keep a brave voice.
"I also can't accept your resignation," Mason had said. I knew this was coming. "I need you close to me for whatever goes down. Trust me."
Well, hun, I'm really trying to trust him here and have faith in him because when he said that four days ago I never thought for a moment that I'd be outside the Board Room four days later watching as each of the Board Members began to sit down and wait on Mason.
I mean, four days ago I had marched to my floor drenched to the bone and written a resignation letter.
Let's not even get into the look of puzzlement on my direct manager's face when Mason replied back to the email I had copied him on saying, "No fucking way."
I mean, you're talking about a middle manager here in his 50s with a bit of a paunch. He sees the brash bad boy CEO commenting and replying back to an email to the 21-year-old intern.
"I don't want to get in the middle of anything," he had told me. "I have five years before I make enough money to retire and I don't wanna know anything."
Well, that left me pretty much free for the next four days, trying my best to organize as much of what I could find for when Mason came back.
Only now, I'm waiting in the conference room, and he's not back.
Technically the meeting is supposed to start at 12 pm. But it's already 12:03 pm.
The Kane Price boardroom is literally something else.
A dark mahogany conference table dominates the room. The room itself has priceless art hanging from two walls. The other wall is all glass, with panoramic views of New York City. And the farther wall is mounted with two-way video screens to allow for people to remotely dial in via videophone. A second flat panel television is on mute right next to the video screen with a constant update on Market Pulse. The reasoning behind the television is that if there is anything where minute-to-minute updates are needed, the Board will have an easy way of keeping abreast of the news.
I'm hovering outside the conference room, but in truth I have no reason to be here.