America’s most powerful financial institutions appear to be promoting young professionals on the basis of race and sex in the name of diversity, equity, and inclusion (DEI).
Morgan Stanley and Wells Fargo both hosted summer programs that barred white men unless they happened to be disabled, a veteran, or identify as LGBT. Goldman Sachs held career advancement summits tailored to students of specific demographic backgrounds, while JP Morgan hosted a scholarship and internship program that openly excluded white and Asian students. Bank of America, meanwhile, ran a “diversity fellowship” program that solicited applicants from non-white, non-Asian racial backgrounds.
The programs collectively furthered the leftwing DEI agenda, which presupposes certain demographic groups benefit from undue privilege at the expense of oppressed groups. Corporations across various industries have…
