from Zero Hedge
Goldman Sachs has made a major stand for diversity by declaring that they are going to start “refusing IPOs if all directors are white straight men”. This is unusual because most diversity pushes come from the mainstream media or companies that offer concrete consumer products and need to market themselves by connecting feelings or political leanings to their product. Normally, big international finance and banking stays as neutral as possible, having to work with actually diverse groups of people across the globe. Finance does not demand any sort of emotional bond with the public at-large for positive brand recognition. So, this bold move by Goldman Sachs is a huge leap forward for proponents of race-based employment but ultimately it appears to be a means of distracting mainstream journalists from the company’s questionable past.