Nasdaq proposes that companies must have Diverse board members to be listed

[MuscleXtreme]

How ****ing retarded. Companies should have the autonomy to select who they want sitting on their board and not have some arbitrary rule that they have to have “Diverse” board members.

Further, this reeks of a move to “Stakeholder Capitalism”, where companies must have their boards as representatives of the community, rather than representatives of shareholders.

This ****, needs to end NOW!

Link: https://www.breitbart.com/economy/20...porate-boards/

[QuentinSutpen]

What about companies based in states like Iowa, Maine, Vermont, Nebraska, etc; which are all-white?

The country as a whole is diverse, only 60% white; but a lot of the diversity is still concentrated in the cities. There are many stretches of territory that are 90% white.

[MuscleXtreme]

What about companies based in states like Iowa, Maine, Vermont, Nebraska, etc; which are all-white?

The country as a whole is diverse, only 60% white; but a lot of the diversity is still concentrated in the cities. There are many stretches of territory that are 90% white.

It wouldn’t matter where the company is based. If they’re a publicly traded company that wants to be listed on NASDAQ, the company would need to comply with NASDAQ’s rules.

The company could try to be listed on the Dow or I guess, someone could create their own exchange, but the barriers to entry for that would be damn near impossible.

[MyLastSerenade]

How does this benefit anyone?

[ImpressiveGainz]

How much slave labor counts towards the diversity quota?

[SillieBazzillie]

Good

[MuscleXtreme]

How does this benefit anyone?

Here’s what the end goal is and it’s being done in incremental steps.

1. Force companies to have “diverse” people on their boards to be listed on the exchange through exchanges own rules.

2. Initiate propaganda how this is a good thing.

3. Start replacing board members to be more “diverse” until majority is reached.

4. Continue propaganda

5. Create laws that force companies to have diverse/community board members

6. Now that laws are created, their needs to be oversight. Governmental department now oversees the board and therefore the direction of the company.

7. Government controls means of production (communism)

Saul Alinsky wrote about overtaking corporate boards in order to control society. Kraus, is the main proponent of “stakeholder capitalism”, which is the finessed way of saying communism.

[AlwaysFocus]

How can these companies get away with this srs

They are literally hiring based off race. I thought there was racism laws (could be wrong)


Lol WTF

[LtGoose]

If they don't like it they should start their own NASDAQ

[Weightaholic]

Terrible idea. Folks should be appointed to boards on their own merits, or as quid pro quo for favours done.

[SmithMachineGuy]

Fine. I'd hire a board of nothing but old white guys...then every board member self identifies as a gay black woman, because "diversity" really means "no straight white guys".
Then dare NASDAQ challenge them and say that you are not allowed to self identify as stuff.

[Mountaineer92]

wont it be hilarious when sillie loses his job to some gender fluid college punk lmfaoooo

[OttomanEmpire]

wont it be hilarious when sillie loses his job to some gender fluid college punk lmfaoooo

Sillie is part of the diverse group

[Leonydus]

[SmithMachineGuy]

Liberals hate too many Asians. Asians being generally successful breaks their narrative.
(Asians still tend to be compliant to their woke liberal overloads though)

[A-GAME]

The war is over, communism won. It's only a matter of time now. Let's hope tech can save us from the historical fate of communist societies. That's our last hope.

[bobmuscle]

Ah more racism from the left..........in other news, the sun is hot

[TonyTriangles]

They will make some useless chief diversity officer jobs and hire a [insert discriminated person] to fill the ranks.

[BigBallsMcgee]

inb4 white tradies complain about corporate america they dont live in

[rhadam]

This has been proposed a few times over the last 3-4 years I believe, although not specifically by the NASDAQ.

I believe the appropriate response is for some white board members to identify as non-white. Problem solved.

[Mr Beer]

LOL

Ridiculous

[JoshLV]

Good

Observe- the modern racist.

[AlwaysFocus]

Good

so you are saying we should hire people based off race?

[AtomicVeggie]

How can these companies get away with this srs

They are literally hiring based off race. I thought there was racism laws (could be wrong)


Lol WTF

Naw, my company works on positions all the time where they'll only hire a black person or a woman.

[Abzu]

Liberals hate too many Asians. Asians being generally successful breaks their narrative.
(Asians still tend to be compliant to their woke liberal overloads though)

Lol.

Asians being successful breaks nothing.

They study(work) multiple times as hard as Whites but still can't run ****... until White Joe came Lol! Blacks can put more work in than Whites and still be below them too! We broke that narrative...LOLOLOLOLOLOLOL

[AlwaysFocus]

Naw, my company works on positions all the time where they'll only hire a black person or a woman.

is it illegal to hire based off race?

Unbiased google gives me the runaround and gives results talking about diversity.

Looking for concrete literature on this in USA or Canada.

All the other chit hole nations dont matter to me.

[DoctorJihad]

inb4 white tradies complain about corporate america they dont live in

You don't need to work in a specific profession to not want your race to be discriminated against in it you absolute phucking *******

[AtomicVeggie]

is it illegal to hire based off race?

Unbiased google gives me the runaround and gives results talking about diversity.

Looking for concrete literature on this in USA or Canada.

All the other chit hole nations dont matter to me.

Short answer, technically yes, but clients don’t give a chit.

I’ve worked with construction companies that say “you know who I want to hire for this receptionist role. I need a nice woman who isn’t going to get pregnant and need mat leave anytime soon” and I’ve worked with tech startups that say “don’t publicize this, but we want to hire a black or LatinX candidate, preferably a woman”. You can’t technically make that a requirement, but guess who they’ll choose to interview..

And then you have sourcing tools like Hiretual that literally have diversity sourcing modules built into them.

Irritates the phuck out of me but I’m a merc so I do what I have to do to get paid.

[AlwaysFocus]

Short answer, technically yes, but clients don’t give a chit.

I’ve worked with construction companies that say “you know who I want to hire for this receptionist role. I need a nice woman who isn’t going to get pregnant and need mat leave anytime soon” and I’ve worked with tech startups that say “don’t publicize this, but we want to hire a black or LatinX candidate, preferably a woman”. You can’t technically make that a requirement, but guess who they’ll choose to interview..

And then you have sourcing tools like Hiretual that literally have diversity sourcing modules built into them.

Irritates the phuck out of me but I’m a merc so I do what I have to do to get paid.

understandable

[AtomicVeggie]

understandable

Lol, dat 20-60k fee per placement makes you willing to play the stupid game of identity politics.