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Morgan Stanley’s former global diversity chief sues bank for racial discrimination
CNBC ^ | 16 June 2020 | Hugh Son

Posted on 06/17/2020 5:35:43 AM PDT by zeestephen

Her dismissal was part of a companywide cost-cutting effort that resulted in about 2% of employees being laid off in December, according to a person with knowledge of the situation..."It is clear that once the curtain is pulled aside and the deftly-crafted public messages are scrutinized, the truth is that Morgan Stanley has, and has had, no interest whatsoever in disrupting the status quo that has kept power and control of the Firm in the hands of White men," the suit alleges.

(Excerpt) Read more at cnbc.com ...


TOPICS: News/Current Events
KEYWORDS: blacklivesmatter; blm; karma; morganstanley

1 posted on 06/17/2020 5:35:43 AM PDT by zeestephen
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To: zeestephen

Couldn’t her job be done cheaper by someone in India?


2 posted on 06/17/2020 5:36:46 AM PDT by a fool in paradise (Joe Biden- "First thing I'd do is repeal those Trump tax cuts." (May 4th, 2019))
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To: zeestephen

Without affirmative action she would be fortunate if she had a Wal-Mart job.


3 posted on 06/17/2020 5:39:55 AM PDT by bankwalker (groupthink kills ...)
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To: zeestephen

Of course, one can NEVER fire a minority.
Now, of course we do not know the whole picture. But, given the present state of affairs, I am strongly tempted to call bull Obama.


4 posted on 06/17/2020 5:40:38 AM PDT by Da Coyote
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To: zeestephen

“...the truth is that Morgan Stanley has, and has had, no interest whatsoever in disrupting the status quo that has kept power and control of the Firm in the hands of White men”

Nonsense, I’m sure I have a recent nicely worded “we support BLM” statement from Morgan Stanley in my email inbox somewhere.


5 posted on 06/17/2020 5:46:04 AM PDT by Junk Silver (If we're "all in this together" name one government employee or bureaucrat who has been laid off.)
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To: zeestephen

They deserve it for having one in the first place. No sympathy here at all.


6 posted on 06/17/2020 5:47:32 AM PDT by Stravinsky
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To: zeestephen
... the truth is that Morgan Stanley has,...no interest whatsoever in disrupting the status quo that has kept power and control of the Firm in the hands of White men

If the company is profitable and you have a job, why should they change the way they run their business?

7 posted on 06/17/2020 5:48:32 AM PDT by econjack
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To: zeestephen

The parts of the lawsuit quoted in the article do not seem to say much except that Morgan Stanley was not progressive enough and read like they were written by a college sophomore.


8 posted on 06/17/2020 5:52:52 AM PDT by 17th Miss Regt
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To: Junk Silver

These large companies were blackmailed years ago by Jesse Jackson and his Rainbow Coalition which basically threatened to boycott companies like Pepsi if they did not hire blacks. Pepsi tried it and deliberately recruited blacks for certain manager positions. Many were just not qualified and production suffered. And the white employees had to sit back and shut up and were forced to attend ‘diversity’ classes. It’s only gotten worse.


9 posted on 06/17/2020 5:52:52 AM PDT by NoKoolAidforMe (2020--The year of the second Civil War and the Communist Revolution all in one.)
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To: econjack

Morgan eh. I may be blind but was not JP Morgan a white guy?? I always said if your name is on the building you get to pay yourself and do what you want.

In reality JP Morgan was a robber baron and I am not involved in his firm by way of equity or loan. This diversity crap has got to stop. That BS that diversity is our strength ONLY works when everyone is pulling in the same direction. The way this diversity is set up now, diversity is the goal of the organization beating all things including making a profit. If I had a large business, I care not one whit whom is working there and succeeding as long as they are adding to the bottom line. Hiring token employees or promoting them above their level of ability is diametrically opposed to the bottom line. My business should not be a social operation UNLESS it is set up to be one. When I was in a senior management job, I hired and promoted everyone fairly and evenly. Never harassed any of the staff and never had a discrimination or complaint raised. That is the way it should be. Did it all without a “diversity chief”. I was brought up better.


10 posted on 06/17/2020 6:01:11 AM PDT by Mouton (The media is the enemy of the people.)
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To: zeestephen

This is why one must check out people for left wing positions like this very carefully

The slightest hint of radicalism, move on


11 posted on 06/17/2020 6:22:47 AM PDT by A_Former_Democrat (See St George's Rap Sheet . . . TAG PedoJoe with "DEFUND the POLICE")
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To: zeestephen

12 posted on 06/17/2020 6:31:18 AM PDT by nwrep
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To: zeestephen

Corporations that embrace the PC culture because they think they need to for marketing and branding are going to eventually get bit in the rear.


13 posted on 06/17/2020 6:34:38 AM PDT by 1Old Pro (#openupstateny)
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To: nwrep

Looks pretty white to me.


14 posted on 06/17/2020 6:56:55 AM PDT by montag813 (Nonsenze)
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To: a fool in paradise

There is probably a pet mouse in the building who could have done her job.


15 posted on 06/17/2020 7:10:13 AM PDT by Zathras
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To: Mouton

I agree. I saw a great sign yesterday. It said:

Lives matter!
If you need a color in
front of that statement,
YOU ARE A RACIST!


16 posted on 06/17/2020 7:34:38 AM PDT by econjack
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To: zeestephen

She had a job for 26 years at that company so what discrimination?


17 posted on 06/17/2020 7:56:43 AM PDT by minnesota_bound (homeless guy. He just has more money....He the master will plant more cotton for the democrat party)
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To: nwrep

Those rings must be where the jumper cables go to get her brain started.


18 posted on 06/17/2020 8:16:32 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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