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Message
Morgan Stanley Bans Straight White Males From Applying For College Summer Program
Posted on 7/27/21 at 11:44 pm
Posted on 7/27/21 at 11:44 pm
quote:
Morgan Stanley provided a job description for its “2022 Investment Banking Sophomore Summer Analyst Program,” in which the firm clearly states: “Morgan Stanley prides itself on fostering an environment that promotes diverse talents and perspectives. One way we demonstrate our commitment to diversity is through the Sophomore Summer Program. This program is an integral part of our diversity recruiting efforts helping to attract Black, Hispanic, Native American, Female and/or LGBTQ college sophomores.”
A message circulated by Wall Street insiders on social media appears to show Morgan Stanley outright rejecting a straight white male. The message states: “Hi Nicholas — Thanks for reaching out! All Morgan Stanley Sophomore Summer Programs are an integral part of our diversity recruiting efforts to attract Black, Hispanic, Native American, Female and/or LGBTQ+ college sophomores. For that reason, all applicants that do not identify under the criteria listed above are unfortunately ineligible for the program. Please let me know of any questions! Thanks, Olivia.” Morgan Stanley’s campus recruiter is named Olivia Schember.
national file
14
Posted on 7/27/21 at 11:45 pm to L.A.
Big if true, but appears to be false.
Posted on 7/27/21 at 11:47 pm to L.A.
Probably fake news, but I think everyone should put Latino and/or Black on every application. Make the question meaningless.
Posted on 7/27/21 at 11:47 pm to L.A.
Just tell them you identify as a lesbian.
Posted on 7/27/21 at 11:48 pm to baconwaffle
There are multiple sources, but they all seem to be quoting one another. I'll delete it if you find anything definitive
Posted on 7/27/21 at 11:53 pm to L.A.
Hard to disprove a negative, brah. And the “article” you linked is completely unsourced. And as far as investment banks go, Morgan Stanley is the most conservative culturally. Historically maintained an image as the WASP i-bank; did not hire Jews, etc.
Posted on 7/27/21 at 11:54 pm to L.A.
"Please let me know if you have any questions!"
Yea, how is this any different from bake the cake you bigot?
Yea, how is this any different from bake the cake you bigot?
Posted on 7/27/21 at 11:55 pm to baconwaffle
quote:A denial from some source would suffice. Maybe a snopes reaction saying it's BS.
Hard to disprove a negative, brah
It's certainly not out of the realm of possibility in this climate
And there is an Olivia Schember who works as a Campus Recruiter at Morgan Stanley
This post was edited on 7/27/21 at 11:57 pm
Posted on 7/28/21 at 4:18 am to L.A.
How do they know he isn’t gay? Besides that though, how fricking worthless are you if you have your sexual preference make up your entire identity?
Posted on 7/28/21 at 4:53 am to L.A.
Owens corning recruiting for their summer intern and LP programs does a similar thing, and has for at least 3 years. They openly train their recruiters to not give applications to white males. They don't tell the recruiters to ask, but if they look white, they get bypassed.
Posted on 7/28/21 at 5:13 am to baconwaffle
quote:
And as far as investment banks go, Morgan Stanley is the most conservative culturally. Historically maintained an image as the WASP i-bank; did not hire Jews, etc.
You're citing practices from at least 50 years ago as a reason why MS wouldn't discriminate on the basis on race today?
Posted on 7/28/21 at 5:23 am to baconwaffle
quote:
Big if true, but appears to be false.
It's not fake. All of their sophomore summer programs are intended for those specific demographics. They call it Early Insights. They have a related program targeting women as well.
It's on their talent acquisition page and shows up on several MS application portals of major universities.
This post was edited on 7/28/21 at 5:28 am
Posted on 7/28/21 at 5:24 am to L.A.
I always put native American on my stuff (not a complete lie). Companies don't give a shite so long as they can report diversity hires.
Posted on 7/28/21 at 6:09 am to L.A.
Why aren't they interested in asian and pacific islanders? I mean we just had an entire month dedicated to AaPI and they are still being discriminated against? I just don't understand
Posted on 7/28/21 at 6:10 am to L.A.
Just identify as a trans lesbian.
Posted on 7/28/21 at 6:11 am to L.A.
Well I guess they want summer help from idiots. Good for them. 
Posted on 7/28/21 at 6:11 am to DrSteveBrule
They don’t. I’d bet the majority of these diversity hires are black.
Posted on 7/28/21 at 6:19 am to L.A.
At your Morgan Stanley interview:
Posted on 7/28/21 at 6:28 am to L.A.
Discrimination on basis of race, sex (and, thanks to Gorsuch, sexual orientation)...
I am thinking fake, or else Morgan Stanley is looking for an express train to bankruptcy.
I am thinking fake, or else Morgan Stanley is looking for an express train to bankruptcy.
Posted on 7/28/21 at 6:49 am to udtiger
it’s fake or at least twisted and not all the story. They have a statement about diversity and maybe extra efforts to recruit diversity, like many other companies which gives the outrage story an aura of legitimacy.
This board just trolls itself most of the time. If MS really had this policy in general on interns and was acting on it they’d be sued liked crazy as you mention.
And it’s really not a very smart policy as far as talent acquisition, and keeping your stockholders happy… to “bar interns who are straight white males.” By a company heavily run by said demographic.
This board just trolls itself most of the time. If MS really had this policy in general on interns and was acting on it they’d be sued liked crazy as you mention.
And it’s really not a very smart policy as far as talent acquisition, and keeping your stockholders happy… to “bar interns who are straight white males.” By a company heavily run by said demographic.
This post was edited on 7/28/21 at 6:56 am
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