It doesn’t actually matter. The idiots making these mistakes will surely be replaced. How and by whom is the tell you’re watching for.
As with Chiefs (Chieves?) of Police, if the old big-boss was already very diverse, and if he/she/it is replaced by someone even more intersectionally-sexy – sell. The company’s policy is posturing first, shareholders last.
But if the new head honcho immediately fires the Chief Grievances Officer and all the other de facto Marxists on salary, you’re looking at a true turnaround manager.
But loud terminations are how a big business signals a turnaround – and how small businesses express contrition for their errors. The business of business is business. You’ll know America’s ownership has remembered its fiduciary duties when heads start to roll.
In other news:
Brad Polumbo: Latest economic data show red states crushing blue states — and here’s why.
Derek Thompson: Why You Should Wait Out the Wild Housing Market: Rising inventory is one of several signs that we may have reached peak ludicrousness. CTRL-F ‘riot’; not found.
Zubu Brothers: Wholesalers Flood Poor Neighborhoods Looking For Distressed Homeowners.
The Guardian: The San Francisco ice cream owner who tried, failed – and now owes $200,000.
Bongino.com: Study: Tech Companies That Made Black Lives Matter Pledges Have 20% Fewer Black Employees.
Miranda Divine: It’s been a year of Antifa and unchecked anarchy.