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Democrats call on major companies to explain lack of diversity in asset management
The hill ^ | 06/03/2022 | Rafael Bernal

Posted on 06/03/2022 4:37:05 PM PDT by ChicagoConservative27

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To: Mark17

“The companies should tell them to eff off.
Agree”

I agree too but must we have the injection, if only indirectly here, of the f-word. I just read a Peggy Noonan column in which she made sure to reveal in some of her quotes that the f-word was used by those being quoted.

Does that word have magic powers?


21 posted on 06/03/2022 4:55:24 PM PDT by cymbeline
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To: cherry

White people can’t jump...we all know that.


22 posted on 06/03/2022 4:55:32 PM PDT by Sacajaweau ( )
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To: ChicagoConservative27

This is a macro version of telling men to give cash to women.


23 posted on 06/03/2022 4:57:32 PM PDT by Arcadian Empire (The Baric-Daszak-Fauci spike protein, by itself, is deadly.)
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To: ChicagoConservative27
“Less than 1% of the $70 trillion in global financial assets under management are managed by woman or minority-owned firms. Women and people of color are also extremely underrepresented at the board and senior management levels at asset management firms,” the senators wrote.

Manager: "OK, let's look at the bottom line for management, profitability. Performance of the funds is up at bat..."

Senator: "I don't care so much about that. I want to know where the people of color and minorities are in your fund."

Manager: "Uh, the bottom line for management of assets is rather critical. So let's consider how ..."

Senator: "I want to know where are the people of color and minorities are in your fund?"

Manager: "Senator, we are developing managers as they progress through their career. It takes time to develop a seasoned manager with the insight to manage..."

Senator: "WHY AREN'T THEY IN TOP MANAGEMENT POSITIONS NOW? YOU ARE DISGUSTING AND A RACIST HOMOPHOBE TO BOOT!! MR CHAIRMAN, I YIELD THE REST OF MY TIME TO SENATOR LENIN."

...and so on.

24 posted on 06/03/2022 4:58:27 PM PDT by 17th Miss Regt
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To: ChicagoConservative27

There’s not a company in the country that owes democrats answers to anything.


25 posted on 06/03/2022 4:59:24 PM PDT by grobdriver (The CDC can KMA!)
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To: ChicagoConservative27

So Sens. Bob Menéndez (N.J.), Elizabeth Warren (Mass.), Alex Padilla (Calif.), Tim Kaine (Va.) and John Hickenlooper (Colo.) are going to cover the losses of any firm that surrenders to this idiocy?

Didn’t think so.

.


26 posted on 06/03/2022 5:05:38 PM PDT by TLI (ITINERIS IMPENDEO VALHALLA)
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To: ChicagoConservative27

Asset management is about the fiduciary responsibility to the investors many of whom are Democrat union pension holders. You hire the best people possible to do the job.

If the Democrats want diversity hires then they can start with the union pension funds and insist they hire vaginas, fags, perverts, illegal aliens, convicted felons, and H1B visa holders from India and China.

Then don’t cry when the pension funds are embezzled and broke.


27 posted on 06/03/2022 5:16:15 PM PDT by MercyFlush (☭☭☭ The Soviet Empire is right now doing a dead cat bounce. ☭☭☭)
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To: ChicagoConservative27

Maybe women don’t want to work there, and maybe minorities have better things to do.

“Democrats piss me off!” — Eric Cartman, South Park, Colorado


28 posted on 06/03/2022 5:17:25 PM PDT by Tolerance Sucks Rocks (Bus No. 2525)
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To: goodnesswins

Guess they dont understand “asset management”...sheesh...yeah, let us do affirmative action hires for financial management...and brain surgeons, too


Absolutely! I’m so pleased that they’re already infecting the airline pilot business.


29 posted on 06/03/2022 5:19:25 PM PDT by Magic Fingers (Political correctness mutates in order to remain virulent.)
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To: ChicagoConservative27


30 posted on 06/03/2022 5:19:41 PM PDT by tomkat ( SOTU = FUBAR )
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To: chuckee

—”Seems to me these 5 Dem senators should put their money where their mouth”

Not much “diversity” in the senate about 24 actual females?

And as of January 20, 2021, there have been 1,994 members of the United States Senate, of which 11 have been African American...


31 posted on 06/03/2022 5:22:25 PM PDT by DUMBGRUNT ("The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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To: TLI
Didn’t think so.

I realize Howard Hughes was a bit, shall we say, eccentric, but I liked the way he talked to those fools in the senate.

https://youtu.be/G7vu1dlow5A

32 posted on 06/03/2022 5:26:48 PM PDT by Mark17 (Retired USAF air traffic controller. Father of USAF pilot. USAF aviation runs in the family )
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To: ChicagoConservative27

They just don’t need an old wooden ship.


33 posted on 06/03/2022 5:27:23 PM PDT by WeaslesRippedMyFlesh
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To: Magnum44

Demorats should learn the art of Non-Interference in business, education, and the life of US citizens.


34 posted on 06/03/2022 5:30:02 PM PDT by caww ( )
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To: ChicagoConservative27
Because companies want someone who knows what they're doing when it comes to the money.

They'll throw a bone to the DIE nonsense and claim they're a great place for the woke to work.....but you gotta have money to support the stupid.

35 posted on 06/03/2022 5:33:54 PM PDT by ealgeone
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To: DrHFrog

yup


36 posted on 06/03/2022 5:34:08 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: ChicagoConservative27

Uh, maybe they’re more interested in their asset management skills than their skin color or sex.


37 posted on 06/03/2022 5:36:48 PM PDT by libertylover (Our BIGGEST problem, by far, is that most of the media is hate & agenda driven, not truth driven.)
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To: Chode

He’ll tell you to buy up as many pairs of Air Jordans and carton of Kools as you can afford.


38 posted on 06/03/2022 5:52:29 PM PDT by ObozoMustGo2012
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To: ObozoMustGo2012

right? they want to ban menthol cigarettes so they’ll be like gold!


39 posted on 06/03/2022 5:57:08 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: tomkat

40 posted on 06/03/2022 6:03:46 PM PDT by FreedomPoster (Islam delenda est)
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