No, he didn't. It was a I-need-to-have-sex-with-men-to-take-care-of-Aunt-May deal (men in question being Cap and Iron Man).

That stripper!Emma thing sounds crappy. I can KIND OF deal with Catwoman being an ex-prostitute, given her horrible origin in general, but ... eh, I haven't actually read Year One yet and Frank Miller's Daredevil/Elektra stories made me angry enough.