Re:America’s banks are missing hundreds of billions of dollars
by jquery on Wednesday March 22, 2023 @04:02AM
(#35258118)
> The intent was to ensure that pension and fund managers were focused on their fiduciary obligation first and foremost
No, the intent was to make sure ESG and other factors could not be analyzed as a risk factor, when they plainly are risk factors, just inconvenient risk factors that oil lobbyists and the like would rather you didn't pay attention to. Biden did the right thing, and ensured pension/fund managers kept their independence.
No, the intent was to make sure ESG and other factors could not be analyzed as a risk factor, when they plainly are risk factors, just inconvenient risk factors that oil lobbyists and the like would rather you didn't pay attention to. Biden did the right thing, and ensured pension/fund managers kept their independence.