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Forum » Goldman sacks to Refuse IPOs If All Directors Are White, Straight Men
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Thread: Goldman sacks to Refuse IPOs If All Directors Are White, Straight Men

post 1596350951 01-25-2020, 03:55 PM
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#181
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I thought we shouldn’t interfere with what business choose to do?

Nevertheless, GS wouldn’t be doing this unless there was some benefit to them. It’s pretty clear what’s going on—Historically, companies who decide to go public often hire executives from other places. The old-timers tend to be old and white. What GS is doing is incentivizing these companies to give others their first big break. GS benefits later on from secondary PO’s and make a lifelong customer of any businesses those new execs take charge of.
I offer my opponents a bargain. If they will stop telling lies about us, I will stop telling the truth about them.
post 1596352451 01-25-2020, 04:22 PM
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#182
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Originally Posted By Polaris⏩
Merit and accomplishments.
So few minorities have merit and accomplishments that they’re no worthy of these boards? Hunter Biden was though.

SMH at you people.
Early AM workout crew.
Holy crap dude, Satan's huge crew.
post 1596352511 01-25-2020, 04:22 PM
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#183
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Originally Posted By SillieBazzillie⏩
Please tell me you're not serious. And how old do you think the people on many corporate boards are? Oh yea, closer to the age of my FIL than me for phuks sake.
So fuking what? People can say whatever they please. What does an old person saying mean words have to do with a board being all white or not? I'm not worried of 70+ year old men, even if they are racist, they'll be dead soon. The fact that you still have 30 more years of stupidity to live out worries me more.
Originally Posted By SillieBazzillie⏩
Football players = readily observable physical talent
Football coaching = not readily observable and often placed into positions based on who you know

And I make no sense?
Is that so. And here I thought coaching performance could be tracked through a coach's career. But today I found out coaching for multi billion dollar sports clubs is just given out to whoever the owner likes.

There is no way in hell you're in any sort of finance. You don't have the intellectual acuity.
Originally Posted By SillieBazzillie⏩
LMFAO. So choosing the five best players you can readily observe as the best is more racist than choosing a board based on...what exactly?
Metrics you dumb ass.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
post 1596352681 01-25-2020, 04:25 PM
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#184
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Originally Posted By Godfrd824⏩
So fuking what? People can say whatever they please. What does an old person saying mean words have to do with a board being all white or not? I'm not worried of 70+ year old men, even if they are racist, they'll be dead soon. The fact that you still have 30 more years of stupidity to live out worries me more.

Is that so. And here I thought coaching performance could be tracked through a coach's career. But today I found out coaching for multi billion dollar sports clubs is just given out to whoever the owner likes.

There is no way in hell you're in any sort of finance. You don't have the intellectual acuity.
You’re saying coach selection is 100% objective based on results? Explain how all the retreads keep getting jobs then por favor. Oh that’s right, you can’t .

Now stay down.
Early AM workout crew.
Holy crap dude, Satan's huge crew.
post 1596352951 01-25-2020, 04:28 PM
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#185
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Originally Posted By SillieBazzillie⏩
So few minorities have merit and accomplishments thatthey’re no worthy of these boards? Hunter Biden was though.

SMH at you people.
Who said that?

Also, it would be "there are".
post 1596352981 01-25-2020, 04:29 PM
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#186
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Originally Posted By Steemboat⏩
I thought we shouldn’t interfere with what business choose to do?

Nevertheless, GS wouldn’t be doing this unless there was some benefit to them. It’s pretty clear what’s going on—Historically, companies who decide to go public often hire executives from other places. The old-timers tend to be old and white. What GS is doing is incentivizing these companies to give others their first big break. GS benefits later on from secondary PO’s and make a lifelong customer of any businesses those new execs take charge of.
Prohibited Employment Policies/Practices

Under the laws enforced by EEOC, it is illegal to discriminate against someone (applicant or employee) because of that person's race, color, religion, sex (including gender identity, sexual orientation, and pregnancy), national origin, age (40 or older), disability or genetic information.

https://www1.eeoc.gov//laws/practice...nderforprint=1

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.

https://www.legalzoom.com/articles/t...-of-appearance
^^Former 300+lb Crew^^

WWPB2D

Nothing worthwile is ever easy.

The beatings will continue until morale improves.
post 1596353111 01-25-2020, 04:31 PM
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#187
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Originally Posted By SillieBazzillie⏩
You’re saying coach selection is 100% objective based on results? Explain how all the retreads keep getting jobs then por favor. Oh that’s right, you can’t .

Now stay down.
That's how any business works. They keep getting jobs because they're the best that a specific organization can afford. I can't believe you don't know any of this. Are you trolling, playing devil's advocate retard edition?

BRB paying coach 8 million a year because he's my buddy.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
post 1596353781 01-25-2020, 04:40 PM
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#188
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Originally Posted By Steemboat⏩
Nevertheless, GS wouldn’t be doing this unless there was some benefit to them.
Right, but the benefit is not financial. It is social.
Originally Posted By chaunce54⏩
Under the laws enforced by EEOC, it is illegal to discriminate against someone (applicant or employee) because of that person's race, color, religion, sex
*unless that race/color is white, the religion is Christianity, and the sex is male (hetero)

Then not only is it legal, but it's encouraged
post 1596353851 01-25-2020, 04:42 PM
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#189
  1. Steemboat
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Originally Posted By chaunce54⏩
Prohibited Employment Policies/Practices

Under the laws enforced by EEOC, it is illegal to discriminate against someone (applicant or employee) because of that person's race, color, religion, sex (including gender identity, sexual orientation, and pregnancy), national origin, age (40 or older), disability or genetic information.

https://www1.eeoc.gov//laws/practice...nderforprint=1

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.

https://www.legalzoom.com/articles/t...-of-appearance
You clearly do not know what an investment bank is.
I offer my opponents a bargain. If they will stop telling lies about us, I will stop telling the truth about them.
post 1596354171 01-25-2020, 04:46 PM
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#190
  1. Steemboat
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Originally Posted By John$Galt⏩
Right, but the benefit is not financial. It’s social.
Oh, because you said it is, I’ve changed my mind.

Sure there might be a “social” benefit. But it exists to make money, and will have all decisions with this in mind. You cannot be this naive.

Source: I previously took an interview at GS. Very familiar with what they think.
I offer my opponents a bargain. If they will stop telling lies about us, I will stop telling the truth about them.
post 1596354241 01-25-2020, 04:48 PM
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#191
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Originally Posted By Steemboat⏩
You clearly do not know what an investment bank is.
And you obviously don't know what the FDIC is. And since Sachs is covered by FDIC, they have to play by government rules, including discrimination based on race.
^^Former 300+lb Crew^^

WWPB2D

Nothing worthwile is ever easy.

The beatings will continue until morale improves.
post 1596355091 01-25-2020, 05:04 PM
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#192
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Originally Posted By chaunce54⏩
And you obviously don't know what the FDIC is. And since Sachs is covered by FDIC, they have to play by government rules, including discrimination based on race.
FDIC insures depositors - meaning consumer (and corporate) banking. Therefore, yes, Goldman Sachs' consumer banking is covered by this.

However, an investment bank, like Goldman Sachs' investment banking division, is not a place of public accommodation. It is a straight business-business transaction--company sells offering shares to GS, who in turn launches the IPO. Make sense?
I offer my opponents a bargain. If they will stop telling lies about us, I will stop telling the truth about them.
post 1596363921 01-25-2020, 07:55 PM
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#193
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Originally Posted By SillieBazzillie⏩
Hunter Biden was though.
This just proves how utterly deranged this ******* is.

Complete waste of time even arguing with this clown.
Joe Biden (and family) are incestuous paed's..

Epstein dint kill himself....

Mcafee didnt uninstall himself.....

WEF/GLOBLISM is a TERRORIST ORGANIZATION......
post 1596372601 01-25-2020, 11:37 PM
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#194
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Originally Posted By SillieBazzillie⏩
I addressed this a few pages ago. Yes I do/would the same way I have an issue with all white boards.
Why? Let’s say all rap label founders happen to be black, as is the case all the time, so how would it make any sense to bring in some white guy or an Asian woman to be on board??? WTF do they know about rap and that particular company?

LOL man, you make no sense.

Why don’t you judge people on merit, and not color or gender?

And besides why do you care at all? Liberals love to stick their noses into other people’s businesses.. Has it occurred to you that it’s none of your business who is on board of some company?
post 1596375001 01-26-2020, 12:55 AM
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#195
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More pandering than a Chinese zoo.
"A stupid man's report of what a clever man says can never be accurate, because he unconsciously translates what he hears into something he can understand."
post 1596377331 01-26-2020, 02:38 AM
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#196
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They worked on the Saudi Aramco IPO...
"Never attribute to malice that which can be adequately explained by stupidity"

Atheist Lebanese

BDS: Boycott - Divestment - Sanctions
post 1596377451 01-26-2020, 02:45 AM
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#197
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Originally Posted By Tha
They worked on the Saudi Aramco IPO...
Jesus. Don't give NVious an invitation to go back into his schtick.
Heterologously Vaccinated Superior Race Crew

Kurt Russell, Ray Winstone, Mickey Rourke Crew

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post 1596377481 01-26-2020, 02:48 AM
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#198
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Originally Posted By SillieBazzillie⏩
LMFAO. So choosing the five best players you can readily observe as the best is more racist than choosing a board based on...what exactly?
Yeah, you’re right. It’s not like you can readily observe their resumes and pertinent career accomplishments or anything.
"Seen in the light of evolution, biology is, perhaps, intellectually the most satisfying and inspiring science. Without that light it becomes a pile of sundry facts -- some of them interesting or curious but making no meaningful picture as a whole."
post 1596377571 01-26-2020, 02:53 AM
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#199
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Originally Posted By StoliFun⏩
Jesus. Don't give NVious an invitation to go back into his schtick.
Ah crap. Didn't read the thread or sense his satanic presence here
"Never attribute to malice that which can be adequately explained by stupidity"

Atheist Lebanese

BDS: Boycott - Divestment - Sanctions
post 1596377811 01-26-2020, 03:22 AM
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#200
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Originally Posted By Reliance012⏩
Yeah, you’re right. It’s not like you can readily observe their resumes and pertinent career accomplishments or anything.
Hunter Biden has pertinent career accomplishments? If not, how’d he get on board? Y’all claim it’s 100% merit based.
Early AM workout crew.
Holy crap dude, Satan's huge crew.
post 1596377881 01-26-2020, 03:28 AM
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#201
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Originally Posted By Godfrd824⏩
That's how any business works. They keep getting jobs because they're the best that a specific organization can afford. I can't believe you don't know any of this. Are you trolling, playing devil's advocate retard edition?

BRB paying coach 8 million a year because he's my buddy.
They’re the best a team can afford?

Just stop.
Early AM workout crew.
Holy crap dude, Satan's huge crew.
post 1596378021 01-26-2020, 03:35 AM
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#202
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Originally Posted By kusok⏩
Why? Let’s say all rap label founders happen to be black, as is the case all the time, so how would it make any sense to bring in some white guy or an Asian woman to be on board??? WTF do they know about rap and that particular company?

LOL man, you make no sense.

Why don’t you judge people on merit, and not color or gender?

And besides why do you care at all? Liberals love to stick their noises into other people’s businesses.. Has it occurred to you that it’s none of your business who is on board of some company?
You people really no nothing about the purpose of a corporate board do you? Boards aren’t meant to be made up completely with experts in that particular field, boards should be well rounded and include legal, finance, and community representation.

So yes, the rap label should have a diverse board too if they want to get input from all their potential customers.
Early AM workout crew.
Holy crap dude, Satan's huge crew.
post 1596378751 01-26-2020, 04:13 AM
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#203
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Originally Posted By SillieBazzillie⏩
You people really no nothing about the purpose of a corporate board do you? Boards aren’t meant to be made up completely with experts in that particular field,boards should bewell rounded and include legal, finance, and community representation.

So yes, the rap label should have a diverse board too if they want to get input from all their potential customers.
According to who/what?
post 1596378781 01-26-2020, 04:14 AM
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#204
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Originally Posted By SillieBazzillie⏩
Hunter Biden has pertinent career accomplishments? If not, how’d he get on board? Y’all claim it’s 100% merit based.
Not even an American company, and his father was the vice president of the US.

It's like you don't think at all before you hit post.
I would die for Palestine
post 1596379871 01-26-2020, 04:53 AM
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#205
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Originally Posted By otisthebat⏩
Not even an American company, and his father was the vice president of the US.

It's like you don't think at all before you hit post.
Why are you arguing with me? Boards of made up of lots of people without a direct knowledge of the company or even industry. From my good ol' hometown newspaper.

When T. Rowe Price Group looked to add a director to its board last month, the Baltimore money manager chose someone with widespread name recognition: former Sen. Olympia J. Snowe of Maine.

"Earlier this year, Price added another notable figure to its board: Freeman A. Hrabowski III, president of the University of Maryland, Baltimore County, whom Time magazine named last year as one of the 100 most influential people in the world.


Ads by Teads

ADVERTISING
Price is by no means alone in appointing high-profile or so-called celebrity directors. Former Republican presidential candidate Mitt Romney rejoined the board of Bethesda-based Marriott International after his defeat in the November election. The board of Exelon Corp., parent of Baltimore Gas and Electric Co., includes an admiral and former Homeland Security Secretary Tom Ridge. And several Maryland corporate boards have retired military brass.

Corporate governance experts say such celebrity directors can be highly beneficial, raising a company's profile and even its stock price. "

https://www.baltimoresun.com/busines...702-story.html


Maybe stop arguing with me about chit I deal with regularly? In this day and age, a board made up completely of whitey ain't serving the needs of the company or community as good as it could.
Early AM workout crew.
Holy crap dude, Satan's huge crew.
post 1596380171 01-26-2020, 05:05 AM
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#206
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Originally Posted By SillieBazzillie⏩
Maybe stop arguing with me about chit I deal with regularly? In this day and age, a board made up completely of whitey ain't serving the needs of thecompany or community as good as it could.
*As well as it could.

Based on what exactly? Is this just you making statements (as though they are factual) based on your feels again?
post 1596380451 01-26-2020, 05:16 AM
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#207
  1. SillieBazzillie
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Originally Posted By Polaris⏩
*As well as it could.

Based on what exactly? Is this just you making statements (as though they are factual) based on your feels again?
Stop correcting my grammar tard.

Based on common sense. Should a bunch of vegetarians open up a steak house? Should my parents sit on the board of Tinder?

Please go.
Early AM workout crew.
Holy crap dude, Satan's huge crew.
post 1596380601 01-26-2020, 05:20 AM
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#208
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I believe more diverse boards are a good thing.

I read some studies on women's quotas in Germany though, that were pretty shocking. The boards actually became less diverse and it actually became harder for women to become directors.

Why? The COOs kept just promoting their wife, daughter or sister to fill these quotas, essentially giving himself two voices and doubling his own household income.
It actually became harder for women to reach those position through hard work. Now these results may change in decades, but it seems nepotism actually gets strengthened through quotas.
post 1596380671 01-26-2020, 05:22 AM
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#209
  1. Polaris
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Originally Posted By SillieBazzillie⏩
Stop correcting my grammar tard.

Based on common sense. Should a bunch of vegetarians open up a steak house? Should my parents sit on the board of Tinder?

Please go.
Have you considered a remedial English class? For a guy who constantly touts "education" and bashes "uneducated", you sure do make a lot of basic grammatical errors.


post 1596380711 01-26-2020, 05:25 AM
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#210
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Originally Posted By Polaris⏩
Have you considered a remedial English class? For a guy who constantly touts "education" and bashes "uneducated", you sure do make a lot of basic grammatical errors.


That's what spell and grammar check are for. And tbh, I don't hold cultist in very high regard so you don't get my best work.
Early AM workout crew.
Holy crap dude, Satan's huge crew.
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