Talk about REAL racism...
Something tells me their position as Mr. Big is about to go in the other direction. Would you knowingly invest with these asswipes? I think not.
Lotsa Law Suits
Omit talent it’s all about the quota systems it makes people FEEL better.
Tying bonuses to skin color rather than performance; what could ups go wrong.
This policy asserts that their jobs require no real ability or talent or it’s stupid and suicidal…one of those.
This type of story leads to the real situation in which no one dares tell they are doing this until someone reveals the truth.
Since around 1972 places had one eye on the offstage wings where the government quota spies were ready to pounce if not enough women or blacks got jobs and promotions. Not a written threat “14% women or you get blasted and watch your business die.” But the reality was it was true.
Affirmative Action Register was a monthly listing (including at the library where I worked). It matched available females and blacks with open positions.
A man called Rush (mid 1990s?) and Rush said “Just improve yourself, use your talents, be your best and you’ll get ahead.” The man said “No, Rush, there are no men listed and all the jobs and promotions are limited to non-males. They get them before I would even get an interview.” “Oh.”
I just looked it up. Not in print, of course, but still flying high online: “Affirmative Action Register....— Online magazine that successfully connects employers to the most highly qualified individuals regardless of race, color, ....
Why... gasp!... that sounds like RACISM!
Makes sense, doesn't it?
Regards,
Once my current company is done with my evil white body working my tail off for them, I am done FOREVER.
I'll happily spend the rest of my life reading books, listening to music and sitting on my porch.
I ran into that at a US Steel plant in the early 70s. When I finally did get in, Ford’s Win crap put me in the unemployment line a few weeks later. Orders dried up overnight.
Now are they copying the racial percentages of the world population or just a specific nation (to sort of go along with a certain narrative)?
This **** has got to stop! It’s nothing but divisive and damaging. Stick with the meritocracy model.
May the best man or woman win.
And I present, State Street’s board of directors.
https://investors.statestreet.com/corporate-governance/board-of-directors/default.aspx
Could use a bit more diversity, hmmm???
The vile hypocrisy of these creatures disgusts me.
BlackRock, Vanguard snd State Street are the biggest investors in almost ever public corporation and THEY are behind the huge “woke” war on traditional whites, men and Christians in corporate Amerika.
Why? They are wanting to destroy our amazng Republic and install their digital passport, social credit corporate authoritarian dystopia, with one of those three corporations ruling us all at the top.
Will they also direct that the last person leaving after they close be a person of color who will turn out the lights?
The corporation would just become the next Bear Stearns.
A few years back, my 401(k) rollover check that was being directed to my newly opened IRA was funded by State Street. They did some squirrelly things with the mutual funds they offered in my mega corp’s 401(k) plan. Was relieved when I performed the rollover. Hearing these stories just reinforces that decision.
There is something else going on with this, maybe it’s just to make a woke press release, but you can bet your bottom dollar these guys at State Street are not about to do anything that isn’t about increasing their wealth and power.
They don’t give a red rat’s ass about diversity or anything else.
My daughter’s very smart broker, whom I met, has a wife from Thailand. Does that count?