On another thread, it was reported that Black Rock and Vanguard, left leaning investment firms, owned 27% of the restaurant chain. If that is true, that probably explains why Cracker Barrel has gone pro-pervert. It certainly isn’t a wise marketing decision because few of their customers are either limousine liberals or hipster types.
“On another thread, it was reported that Black Rock and Vanguard, left leaning investment firms, owned 27% of the restaurant chain. If that is true, that probably explains why Cracker Barrel has gone pro-pervert. It certainly isn’t a wise marketing decision because few of their customers are either limousine liberals or hipster types.”
It is true. See Post No. 21 re: Black Rock.
As for Vanguard, it is owned by the mutual funds that it manages and the mutual funds are owned by their shareholders. Vanguard’s largest shareholders are government run pension funds from ultra-blue states and cities. If Vanguard wants their money — and fees — then they have to promote lefty ideology.