D.E. Shaw sent a memo to employees in the fallout from a portfolio manager fired for inappropriate behavior

D.E. Shaw, the $50 billion hedge fund firm, sent a memo to employees on Monday in the fallout from firing a portfolio manager for inappropriate behavior.
Business Insider earlier reported that D.E. Shaw fired Daniel Michalow, a senior portfolio manager in the firm's discretionary macro group, after the fund conducted an investigation in March. The investigation was sparked after Michalow allegedly said to a former assistant that one of the requirements for hiring a new assistant was someon