Russell Simmons Steps Down from His Companies

Russell Simmons poses for a portrait on Thursday, Jan. 14, 2016 in New York. (Photo by Scott Gries/Invision/AP)

Russell Simmons poses for a portrait on Thursday, Jan. 14, 2016 in New York. (Photo by Scott Gries/Invision/AP)

Russell Simmons steps down from his companies following accusations of sexual harassment accusations by Jenny Lumet.

Did Matt Lauer know the ax was about to fall?