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State Street will Require Permission from Management to Hire White Men

Posted on 11/7/21 at 2:13 pm
Posted by Oates Mustache
Member since Oct 2011
26040 posts
Posted on 11/7/21 at 2:13 pm
LINK

"Leaders at one of the largest investment firms in the world, State Street Global Advisors, will need to ask permission to hire White men as it rolls out a diversity hiring initiative.


"This is now front and central for State Street — it’s on every senior executive’s scorecard," said Jess McNicholas, the bank’s head of inclusion, diversity and corporate citizenship in London, according to the Sunday Times.

"All of our leaders have to demonstrate at their annual appraisals what they have done to improve female representation and the number of colleagues from ethnic-minority backgrounds."


Posted by Icceytiger
Princeton, NJ
Member since Aug 2010
2088 posts
Posted on 11/7/21 at 2:14 pm to
Someone is gonna get paid off these lawsuits lol
Posted by Oates Mustache
Member since Oct 2011
26040 posts
Posted on 11/7/21 at 2:15 pm to
quote:

Someone is gonna get paid off these lawsuits lol


If we had an honest judicial system, someone will sue shortly and win.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
296743 posts
Posted on 11/7/21 at 2:16 pm to
Not unusual. I know some government jobs that has happened for years. You have to submit all kinds of information to show where this person would basically be better than those who are lesser qualified.
Posted by MeatCleaverWeaver
Member since Oct 2013
22175 posts
Posted on 11/7/21 at 2:16 pm to
And the white men they hire will have to be certified soy eating queers. If you’re a honkey, you’re best off learning a good trade; you’ll probably make better money than 2/3’s of the degree holders, and can be your own boss one day.
This post was edited on 11/7/21 at 2:18 pm
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 11/7/21 at 2:17 pm to
The free markets have spoken. Hiring white men is a bad idea. Who are we to argue with capitalists? They're just doing what is best and if it truly was a bad idea then their competitors will beat them.
Posted by Nosevens
Member since Apr 2019
17199 posts
Posted on 11/7/21 at 2:18 pm to
Woke = broke and with the money they handle a lot of broke to go around
Posted by the808bass
The Lou
Member since Oct 2012
125500 posts
Posted on 11/7/21 at 2:19 pm to
Friend who works at Pfizer was asked to be on a hiring committee because she’s an Asian woman.

The person running the committee said HR had asked them to only hire equity candidates.

She said, “What’s that?”

The committee gal said “You know. Women or minorities.”

She said, “How will we know that from their resumes?”

The lady said “You can usually tell.”

She responded “My name is Carrie Miles (not her real name). How would you tell I’m not a white woman from my resume?”

The lady said “I know. But this is what we have to do.”

Clown. World.
Posted by Turbeauxdog
Member since Aug 2004
24102 posts
Posted on 11/7/21 at 2:19 pm to
quote:

They're just doing what is best and if it truly was a bad idea then their competitors will beat them.


That's where esg comes in.

If you don't do this, the banks will collude to cut off your funding.

We'll lose against China not other companies in the west.
This post was edited on 11/7/21 at 4:24 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
62580 posts
Posted on 11/7/21 at 2:20 pm to
Straight up racism. Sickening. I hate racists.
Posted by Oates Mustache
Member since Oct 2011
26040 posts
Posted on 11/7/21 at 2:21 pm to
So how the hell do we get hired?

List other?
Posted by markinkaty
Katy Tx
Member since Dec 2019
4507 posts
Posted on 11/7/21 at 2:26 pm to
To get hired you'll have to be classified as "sexually confused."
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
64118 posts
Posted on 11/7/21 at 2:27 pm to
This is becoming very cult-ish. It's like no one will be satisfied until white men are an underclass.
This post was edited on 11/7/21 at 2:28 pm
Posted by NIH
Member since Aug 2008
119961 posts
Posted on 11/7/21 at 2:28 pm to
Or just be good at what you do

At the end of the day small and mid size businesses need to make money. No client or patient is hiring a lawyer or doctor for their diversity.
Posted by Oates Mustache
Member since Oct 2011
26040 posts
Posted on 11/7/21 at 2:28 pm to
quote:

underclass.


Gone or considered sub-human. I think that's the words you're looking for.
Posted by TOSOV
Member since Jan 2016
8922 posts
Posted on 11/7/21 at 2:37 pm to
quote:

Not unusual. I know some government jobs that has happened for years. You have to submit all kinds of information to show where this person would basically be better than those who are lesser qualified.


I wonder if the hires need to prove their ethnic background too. Otherwise lots of White Hispanics males gonna be roaming the halls.
Posted by Diamondawg
Mississippi
Member since Oct 2006
37109 posts
Posted on 11/7/21 at 2:48 pm to
quote:

"Leaders at one of the largest investment firms in the world, State Street Global Advisors,
If diversity is more important than quality, they won't be "one of the largest" (I would assume measured by assets under management) much longer. I would imagine folks letting them handle their money care less about diversity and way the hell more about quality advice. But, that's just me.
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 11/7/21 at 2:52 pm to
In banking, for years it was required to fill out a special form if a minority was declined for a loan.
Posted by Pax Regis
Alabama
Member since Sep 2007
14867 posts
Posted on 11/7/21 at 3:42 pm to
This is the actual definition of unlawful discrimination. Imagine a rule requiring upper levels of approval to hire a black man. Imagine…
Posted by oldskule
Down South
Member since Mar 2016
23230 posts
Posted on 11/7/21 at 3:45 pm to
It is a great time to be an attorney.....

Lawsuits will be raging for decades!
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