State Street also used that as a marketing stunt to launch an ETF while they were being sued for sexual harassment and pay discrepancies between male and female employees. Marketing is marketing is marketing.
Re:Bogle Sounds a Warning on Index Funds
by gammateam on Friday November 30, 2018 @02:02PM
(#18571627)
yes, and also 300 companies added female directors
nothing exists in a vacuum
Nothing exists in a vacuum just like solely attributing companies adding female directors to a marketing stunt. There was large momentum on this front already that would have happened with or without this.
Re:Bogle Sounds a Warning on Index Funds
by gammateam on Friday November 30, 2018 @04:24PM
(#18572766)
The point is that this is a positive use of centralized private ownership
The only real rebuttal would therefore be negative uses of centralized private ownership
Re:Bogle Sounds a Warning on Index Funds
by dasil003 on Friday November 30, 2018 @09:43PM
(#18574743)
I never meant to imply positive things couldn’t happen, just that it’s silly to assume one very specific positive thing is the most likely thing to happen.
Re:Bogle Sounds a Warning on Index Funds
by gammateam on Saturday December 01, 2018 @05:05AM
(#18576131)
Thats why I gave an example of a positive thing that did happen
Yes, that is exactly what happened, dasil003
https://newsroom.statestreet.com/press-release/corporate/sta...
State Street has 2.7 Trillion AUM