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(CNBC)   How IPOs give the 'illusion of diversity' with underwriters, while paying minority-owned firms less - it's all here in black-and-white   (cnbc.com) divider line
    More: Interesting, Initial public offering, Underwriting, third of those firms, Middle-market firms, public last month, initial public offering, bulge-bracket banks, smaller firms  
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352 clicks; posted to Business » on 13 Jul 2020 at 9:00 PM (3 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



5 Comments     (+0 »)
 
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2020-07-13 10:30:56 PM  
A lot of investor Lingo in TFA I still had a hard time understanding.  Spread, big-bracket, "active book runners"
 
2020-07-13 10:37:25 PM  

kkinnison: A lot of investor Lingo in TFA I still had a hard time understanding.  Spread, big-bracket, "active book runners"


Basically people are upset that they are being given the equivalent of a participation trophy for participation that isn't actually necessary, or needed beyond keeping up appearances.
 
2020-07-13 10:40:16 PM  
Correlation

Causation

There is a huge wage gap among whites and blacks playing in the NBA. Whites are also drastically underrepresented.

This is a correlation.

Assuming the cause is racist people intentionally paying white players less is not a reasonable assumption to make.
 
2020-07-14 8:28:09 AM  

Fark_Guy_Rob: Correlation

Causation

There is a huge wage gap among whites and blacks playing in the NBA. Whites are also drastically underrepresented.

This is a correlation.

Assuming the cause is racist people intentionally paying white players less is not a reasonable assumption to make.


That has nothing at all to do with the article at hand.
The article is about asset management promoting diversity by the percentage of managers when in reality there is no diversity in any meaningful way by the percentage of management fees.
 
2020-07-14 8:40:40 PM  
I have zero idea what I read and if there is a there there.
 
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