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

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

  1. Steve N

    Steve N Well-Known Member Past Donor

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    So you and a few college buddies start a company, you put all the right people in place in order to make it successful and now you want to go public, but there's a problem. Unless your company is made up of the right kind of people, people approved of by Goldman Sachs, they're going to discriminate against you if you want their help with an IPO.

    Let's say you and your college buddies just happen to be white men, then in order for GS to work with you, you'll need to hire a token woman or 'diverse' person who had nothing to do with your success, might not be needed and may not have experience in your field. Unless Hunter Biden comes out as a woman, he's not a potential candidate.

    So what you have to do now is discriminate and possibly even break the law. You now have to hire a person you don't need or want based on gender and diversity. You will need to go to head hunters and say you do not want white men applying for your opening. You will need to ask candidates questions that are illegal to ask, such as 'are you a woman or a black guy?' You will be forced to not even consider candidates based on race and gender and by doing so you will face lawsuits from the candidates you didn't hire.

    Isn't social justice a wonderful thing?

     
  2. Moonglow

    Moonglow Well-Known Member

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    If capitalist didn't need to use other people's money they could blow off Goldman Sach
     
    Last edited: Jan 24, 2020
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  3. Talon

    Talon Well-Known Member Past Donor

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    In Goldman's case, it's a racist and sexist thing.
     
  4. Daniel Light

    Daniel Light Well-Known Member

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    I think it’s a strange decision by GS and I can’t find the logic to it, but it’s their decision and there are other companies handling IPOs.
     
  5. Talon

    Talon Well-Known Member Past Donor

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    Goldman will get blown off.
     
  6. Dispondent

    Dispondent Well-Known Member Past Donor

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    No doubt plenty of banks would be happy to do business with people who have profit potential. Having racist policies like this will ultimately harm Goldman's, its just bad business practice...
     
  7. Moonglow

    Moonglow Well-Known Member

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    Which race are they discriminating against, the female race?
     
  8. Dispondent

    Dispondent Well-Known Member Past Donor

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    Go troll somewhere else...
     
  9. Moonglow

    Moonglow Well-Known Member

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    Sorry, thought you might know I guess not...
     
  10. guavaball

    guavaball Well-Known Member

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    This is very simple. If they pull this card they will be in violation of Federal Law. Specifically the Civil Rights Act of 1964
     
  11. Yulee

    Yulee Well-Known Member

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    Seems short sighted. Wasn’t Goldman Sachs one of them got a bunch of white man had to bail out?
     
  12. Andrew Jackson

    Andrew Jackson Well-Known Member

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    · Goldman Sachs CEO David Solomon said Thursday that the powerful investment bank will only finance initial public offerings (IPOs) for companies that have at least one nonwhite male board member

    ___________

    IF they don't like GS's New Policy...

    THEN they can seek financing somewhere else...

    Problem solved.

    This story just looks like more of the Same RW Faux Outrage...:bored:
     
  13. guavaball

    guavaball Well-Known Member

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    Yes ignore federal law AJ.

    Newsflash: Racial discrimination is still against the law even when you do it to whitey.
     
    Last edited: Jan 24, 2020
  14. Libby

    Libby Well-Known Member

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    I predict this will
    1.) lead to more Hispanics identifying as blacks (the Miami cop story) and more white women identifying as Indians (Warren) and maybe more so-called chicks (with dicks)
    and/or
    2.) it will hurt GS's bottom line significantly, maybe even enough to force them to change course.

    Meanwhile I'll root for GS's non-racist non-sexist competitors ;)
     
  15. Andrew Jackson

    Andrew Jackson Well-Known Member

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    :roflol:

    So? According to you, what GS is doing is breaking Federal Law?

    Cool.

    I will make sure that I am tuned into the Major Business Media Outlets, so I won't miss GS Execs getting Perp-Walked (in cuffs) at any moment.
     
    Last edited: Jan 24, 2020
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  16. SEAL Team V

    SEAL Team V Banned

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

    Hey, if Eddie Murphy can gain access to the Harrow Club than I don’t see any problems with a straight white male playing twinkle toes for a few days while obtaining an IPO.
     
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  17. Steve N

    Steve N Well-Known Member Past Donor

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    Bakery won't sell you a cake, go to another bakery. Problem solved
    Can't drink at the whites only water fountain, go to another fountain. Problem solved

    Want me to go on?

    What would your reaction be to this scenario:

    A Muslim family walks into a store and they refuse to do business with them unless the Muslims have a gay Christian family member. Solve that problem for us.
     
  18. The Mello Guy

    The Mello Guy Well-Known Member

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    What race are they discriminating against?
     
  19. TheGreatSatan

    TheGreatSatan Banned

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    Goldman is another example of a company that hired Democrats and is now being sacrificed for their political gain.

    This is why I advise business owners to avoid hiring and promoting Democrats/neo-communist at all cost. Don't let people who hate America and capitalism run your company.
     
    Last edited: Jan 24, 2020
  20. The Mello Guy

    The Mello Guy Well-Known Member

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    Help me out, who’s trumps treasury director and where did he come from? Gary Cohn? Jay Clayton?
     
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  21. Talon

    Talon Well-Known Member Past Donor

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    The one that's not "diverse". :lol:
     
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  22. The Mello Guy

    The Mello Guy Well-Known Member

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    So a company that is 99% white will still get loans, but they’re racist to whites if the business isn’t 100% white?
     
  23. mpw8679

    mpw8679 Well-Known Member

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    Your arguments are so weak and pathetic. It’s painful to even read your posts.
     
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  24. Libby

    Libby Well-Known Member

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    They are putting race and gender above merit. You are ok with that?
     
  25. Libby

    Libby Well-Known Member

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    You're new, check out the "ignore" feature, it's great for starving the trolls and keeping discussions on topic.
     
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