Nasdaq seeks mandatory rule on board diversity for companies

[Trader200K]

The easiest way to destroy a machine is to throw a wrench into the gears.

It was never about improvement of the machine.

 

[GaryBtrader]

This is a load of subjective BS. Where do you draw the line? Are the companies going to have to have a representative of every minority group and how do you define that? Just another way of fulfilling the "equality of outcome" agenda. Nasdaq should spend some time and money updating their website (because if sucks) instead of this crap.

 

[VEGASDESERT]

Amazon is going to require proof of at least one black friend in your life before you can purchase on their website.

True story.

 

[Overnight]

Amazon is going to require proof of at least one black friend in your life before you can purchase on their website.

True story.

I'd suck Bezos's johnson if he would then gift me a thousand shares of AMZN. True story.

 

[DaveV]

Why does this "diversity" idea have to be based only on sexual desire, skin color or gender? Why not the height of a person?

I think there should be at least one midget/dwarf on every board. Or maybe they are included in the underrepresented category?

I realize that you are joking but one of the most underrepresented groups on boards are short men. I once read an article a few years ago that, at the time, Ken Chenult (sp?), the CEO of American Express, was not only the only black CEO of a S&P 100 firm, but also the only male under 6 feet tall.

 

[JSOP]

This is a load of subjective BS. Where do you draw the line? Are the companies going to have to have a representative of every minority group and how do you define that? Just another way of fulfilling the "equality of outcome" agenda. Nasdaq should spend some time and money updating their website (because if sucks) instead of this crap.

What if somebody is mixed like Barack Obama or Meagan Markle? Are they "diverse" enough? Or how about somebody like the "Prison Break" actor Wentworth Earl Miller III

who is about 6.25% of African descent and the rest Caucasian? Would they satisfy this "Nasdaq requirement"? And who is going to enforce it and how are they going to enforce it? Are they going to have to inspect the genealogy of every single board of directors? Force them to take DNA tests?

 

[maxinger]

board diversity or board identicalness / sameness / similarity / uniformity?
or should the board be cloned?


It seems more like it is the company's internal affair.

 

[David Donner]

So, if a board is made up of all white males, then one or more need to be fired because of the color of their skin?

 

[VEGASDESERT]

So, if a board is made up of all white males, then one or more need to be fired because of the color of their skin?

That, or they need to feel like they're doing something wrong and should kill themselves.

 

[bone]

Well I suppose if the flagship Companies in your Exchange hail from Silicon Valley - identity politics was eventually going to seep up from the primordial ooze.

Because white people need moral purification. And righteous white people know best how to construct social purity tests.

Of course, this is just more hypocritical posturing from the Elites because these Companies already have diverse boards.