The massive financial bailout and the scary shit surrounding it aside, can you believe this shit:
National Review's Mark Krikorian notes that (1) Washington Mutual became the largest bank to fail in American history yesterday and (2) its last press release touted the fact that it was named one of America's most diverse employers...
...
While juxtaposing these two facts -- (1) WaMu has a racially and ethnically diverse workforce and (2) WaMu collapsed yesterday -- the National Review writer headlined his post: "Cause and Effect?" He apparently believes that the reason Washington Mutual failed may be because it employed and was too accommodating to large numbers of Hispanics, African-Americans and gays.
I think this is a good time for a Friday Fuck You. Sometimes it really is the most accurate response.
Fuck you, Mark Krikorian.
... it's obvious to everyone that the reason WaMu failed was not a bazillion small errors caused by bad employees, but gross mismanagement at the upper management level (that also happened to occur at lots of other companies who didn't follow WaMu's lead on this), and that its hiring practices, therefore, had nothing to do with it, and thus the reason I am so pissed is that not only is this racism and heterosexism, but it's so obviously wrong on the merits, right? Krikorian is making shit up in order to justify an incredibly prejudiced set of beliefs: That people of color and non-heteros can't work at a bank. What the fuck?
1 comments:
The failure was due to loaning money to people who couldn't repay. Simple. Too bad they brought down the whole darn thing. Hopefully JPMorgan continues the diversity.
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