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Goldman Sachs Unveils Plan To Actively Discriminate Against White Men
Goldman Sachs Group Inc. Chief Executive Officer David Solomon issued the latest ultimatum Thursday from Davos. Wall Street's biggest underwriter of initial public offerings in the U.S. will no longer do business with a company lacking a director who is either female or diverse. The mandate is the latest in a series of signals that non-diverse boards and management are unacceptable. BlackRock Inc. and State Street Global Advisors are voting against directors at companies without a female director. Public companies with all-male boards based in California now face a $100,000 fine under a new state law... A second article from Bloomberg revealed the policy will not apply to Asia or the Middle East (i.e. Israel and Saudi Arabia)...
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