Goldman to Refuse IPOs If All Directors Are White, Straight Men

Discussion in 'Current Events' started by Steve N, Jan 24, 2020.

  1. The Mello Guy

    The Mello Guy Well-Known Member

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    No they’re putting diversity above already inflated profits. I’m definitely ok with that.
     
  2. guavaball

    guavaball Well-Known Member

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    No its according to the law itself. You cannot discriminate against any race in private business practice.

    Read the law AJ. It will save you so much time.
     
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  3. guavaball

    guavaball Well-Known Member

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    No they are using race to define who they do business with. That is a clear violation of federal law.

    How can you pretend it isn't when it so clearly is?
     
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  4. TheGreatSatan

    TheGreatSatan Banned

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    I wouldn't trust them at all if they are behind these policies.

    Supporting racist/sexist policies is a tell tale sign you are a neo-communist and believe their propaganda.
     
    Last edited: Jan 24, 2020
  5. The Mello Guy

    The Mello Guy Well-Known Member

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    They are promoting diversity. I’m sure their lawyers have reviewed this policy.
     
  6. BuckyBadger

    BuckyBadger Well-Known Member

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    Extremely.
     
  7. Libby

    Libby Well-Known Member

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    "Diversity" is liberal/progressive code for putting race and gender above merit? :omfg:

    There is no way to spin this, it's about sacrificing merit to force "diversity".

    Among other things, MLK would be rolling in his grave. So is everyone else who fought for equal rights.
     
  8. guavaball

    guavaball Well-Known Member

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    Then please show me the federal law that states you can discriminate against a race when doing business.

    Go ahead.
     
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  9. The Mello Guy

    The Mello Guy Well-Known Member

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    This is exactly what MLK was calling for (quote available on request). The federal govts makes loans to minority businesses, they give our highway contracts to minority owned businesses. I find it hard to believe those are legs but this isn’t.

    The USDOT Disadvantaged Business Enterprise (DBE) Program aims to increase the participation of minority and women owned businesses in state and local transportation projects that are funded by the Department through the Federal Aviation Administration (FAA), the Federal Highway Administration (FHWA), and the Federal Transit Administration (FTA).
     
  10. The Mello Guy

    The Mello Guy Well-Known Member

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    Whatever law allows this.
    The USDOT Disadvantaged Business Enterprise (DBE) Program aims to increase the participation of minority and women owned businesses in state and local transportation projects that are funded by the Department through the Federal Aviation Administration (FAA), the Federal Highway Administration (FHWA), and the Federal Transit Administration (FTA).
     
  11. BuckyBadger

    BuckyBadger Well-Known Member

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    They are promoting racism over merits. Work, promotions, hiring, firing, etc should all be color blind. Appointing someone based on skin color or sex is merely a form of racism and sexism.

    Why is this so hard for people to grasp.
     
  12. The Mello Guy

    The Mello Guy Well-Known Member

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    It’s gonna be hard to paint a business as racist towards whites when most of their executives and customers are....white! Lol
     
  13. guavaball

    guavaball Well-Known Member

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    That's a program not a law.

    Try again. The federal law that states you can discriminate a business based on a race requirement. Go ahead.
     
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  14. guavaball

    guavaball Well-Known Member

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    You really don't understand the law do you.

    The entire United States is covered by the Federal Civil Rights Act of 1964, which prohibits discrimination by privately owned places of public accommodation on the basis of race, color, religion or national origin. Places of “public accommodation” include hotels, restaurants, theaters, banks, health clubs and stores. Nonprofit organizations such as churches are generally exempt from the law.
     
    Last edited: Jan 24, 2020
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  15. The Mello Guy

    The Mello Guy Well-Known Member

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    So the federal govt is violating federal law? Lol
     
  16. The Mello Guy

    The Mello Guy Well-Known Member

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    They aren’t saying no whites. They’re saying not only whites.
     
  17. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Oh yeah?

    Your "interpretation" is Dead WRONG.

    You either MIS-Read the Law, or are posting BS.

    I read have the law, and I have not found anything that EXPLICITLY Prohibits GS's Actions.

    Are you basing your "take" on one of those Fantastical "Interpretation" things?

    Anyway, from where I sit, GS is within their rights.
     
  18. TheGreatSatan

    TheGreatSatan Banned

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    By being racist and sexist. They are buying into and repeating the neo-communist propaganda that Americans are a racist sexist people to help justify their takeover and fundamental transformation of America into a global socialist police state run by oligarchs out of Europe.
     
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  19. Cubed

    Cubed Well-Known Member Past Donor

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    Yeah it's illegal to state out loud that that is what your doing. Usually they just look at the candidates they don't want and say 'thanks we will let you know'.
     
  20. Libby

    Libby Well-Known Member

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    More forms of Affirmative Action ---- which I do not approve of.

    Race and gender should never take precedence over merit, period. And when you favor one group you are inherently discriminating against the others. None of that should be acceptable to anyone. I'm not surprised you support it (not surprised at all) but that doesn't mean it's a good move.

    Like I said earlier, I think this will bite GS in the ass, and meanwhile I'll be rooting for their non-racist non-sexist competitors.
     
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  21. The Mello Guy

    The Mello Guy Well-Known Member

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    You not approving doesn’t make it illegal.
    Loaning money to a business that is 90% white is not racist against whites. GS has a white ceo, white CFO, white COO....but they’re racist towards whites? Lol
     
  22. Steve N

    Steve N Well-Known Member Past Donor

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    They're being told told follow the racist policies of GS us they want to do busines . Come on, how can you argue this?
     
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  23. Steve N

    Steve N Well-Known Member Past Donor

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    Or they wont do business with them. They're telling companies who they have to hire and they need to be colorful in doing so.
     
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  24. Andrew Jackson

    Andrew Jackson Well-Known Member

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    If GS is "Racist", then businesses who have a problem with it (b/c they are too busy being led around by the nose by today's latest RW Faux Outrage) are always free to seek alternate financing options.

    Problem solved.
     
  25. Steve N

    Steve N Well-Known Member Past Donor

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    Go tell a black or Muslim business they cant do business with you unless they have white or other diverse people as top execs.
     
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