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re: Merrill Lynch Assigns “Environmental, Social and Governance” (ESG) Scores to Rate Customer
Posted on 4/11/21 at 9:58 am to Jjdoc
Posted on 4/11/21 at 9:58 am to Jjdoc
Wow. Really? What? It is incredibly stupid business to piss off your customers or clients. They can and will go elsewhere.
Get woke, go broke.
Kiss my red, white and blue arse.
Get woke, go broke.
Kiss my red, white and blue arse.
Posted on 4/11/21 at 10:01 am to Lynxrufus2012
quote:
Get woke, go broke
I don’t believe this. Unfortunately most conservatives are penny pinchers, if they can make a buck using Merrill's services they will.
This post was edited on 4/11/21 at 10:10 am
Posted on 4/11/21 at 10:36 am to Lynxrufus2012
quote:Clients are absolutely demanding an ESG offering from their investment advisers. Institutional investors are already neck deep in this and now retail wants in. Why is it hard for you to believe that Karen wants to ease her guilt with some bullshite ESG stock picking/rating nonsense?
Get woke, go broke.
Posted on 4/11/21 at 10:37 am to Lynxrufus2012
quote:
It is incredibly stupid business to piss off your customers or clients.
Apparently I was living under a rock while these scores became a thing.
Unfortunately, I believe they will become universal.
Having low scores will be a serious vulnerability. You might be attacked by left wing extremists, or the government may attack you. Both represent serious and fundamental business risks.
Corporations will want to be rated to assess their exposure, at the same time, they’re also buying good scores. Merrill will find ways to puff up their clients and make them look good.
State governments need to ban them.
-
In Saint Petersburg, after the Tsar stepped down, the radicals distributed ribbons for people to wear. They were a way to show your allegiance to revolutionaries.
Normal people, and even government ministers, took to the ribbons in droves.
It wasn’t that they believed in the cause, or that they were socialists, they were just afraid, and they hoped the ribbons would protect them from the thugs in the street.
This post was edited on 4/11/21 at 11:23 am
Posted on 4/11/21 at 10:38 am to Lynxrufus2012
quote:
Wow. Really? What? It is incredibly stupid business to piss off your customers or clients. They can and will go elsewhere.
Posted on 4/11/21 at 10:49 am to Lynxrufus2012
quote:Why are conservatives so stupid?
Wow. Really? What? It is incredibly stupid business to piss off your customers or clients. They can and will go elsewhere.
Get woke, go broke.
"Get woke, go broke."
Does it feel like Apple is going broke? What about Amazon? Walmart? Nike?
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