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20.02.26 - 22:45
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Goldman Sachs The Latest Firm To Ditch DEI Hiring Criteria (ZeroHedge)
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Goldman Sachs The Latest Firm To Ditch DEI Hiring Criteria
Goldman Sachs is the latest firm to scrap the DEI scam from its board policies.
In fact, the bank is preparing to strip race, gender identity, sexual orientation and other demographic factors from the guidelines used to evaluate potential directors, according to people familiar with the plans who spoke to the Wall Street Journal.
Which begs the question to begin with: why were we ever picking directors based on race and gender identity? Isn't that...racist?
The Journal wrote that Goldman's governance committee currently considers experience, background and perspective, along with a diversity category that includes various DEI-related demographics. That demographic component is expected to be removed.
The change comes after a proposal from the National Legal and Policy Center, a small shareholder, which urged the firm to eliminate diversity-based criteria.
Goldman told the group it would revise the language, and the proposal was with...
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20.02.26 - 19:24
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Goldman′s Meeting With Top Memory Supplier Points To Higher Prices As Crunch Worsens (ZeroHedge)
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Goldman's Meeting With Top Memory Supplier Points To Higher Prices As Crunch Worsens
The high-bandwidth memory (HBM) shortage is already pressuring the margins of consumer electronics companies, disrupting product launches, and pushing up the prices of TVs and computers. The latest development is Valve's handheld gaming PC, which is reportedly out of stock in select regions as the memory crunch now filters into retail availability.
We have been leaning on institutional channel checks across the semis and hardware coverage universe to gain an insider's perspective on what's happening across the memory space and what to potentially expect in the quarters ahead.
The latest read comes from Goldman analysts led by Giuni Lee, following a discussion with SK Hynix, a critical supplier of HBM chips, on the implications of a very tight memory market.
Lee offered clients five key takeaways from her conversation with SK Hynix:
Memory pricing is likely to growth throughout this year driven by real de...
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20.02.26 - 15:00
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OpenAI Is Now Worth More Than Goldman Sachs and Netflix Combined — Here’s What That Means (24/7 Wall St.)
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OpenAI is nearing a funding round that could value the company at over $850 billion, putting it among the world's most valuable companies. What does this mean for Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), and every other player in the AI ecosystem? The $100B Raise in Context If completed, this would be the largest private funding round ... OpenAI Is Now Worth More Than Goldman Sachs and Netflix Combined — Here's What That Means
The post OpenAI Is Now Worth More Than Goldman Sachs and Netflix Combined — Here's What That Means appeared first on 24/7 Wall St.....
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20.02.26 - 01:54
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Stocks Slide as Oil Jumps on Rising US-Iran Tensions | The Close 2/19/2026 (Bloomberg)
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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are BlackRock's Gargi Chaudhuri, CRH's Jim Mintern, White House's Council of Economics Advisers Pierre Yared, Stagwell's Mark Penn, Evercore's Greg Melich, Goldman Sachs' Alexandra Wilson-Elizondo, Raymond James's Wilma Burdis, Portal Innovations' John Flavin, C.H. Robinson's Dave Bozeman, Draper Associates's Tim Draper, Cay Skin's Winnie Harlow, former model Dee Ocleppo Hilfiger, Market America's Loren Ridinger, and ISA Grutman's Isabela Grutman. (Source: Bloomberg)...
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19.02.26 - 23:12
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Goldman Lawyer, Epstein Conferred on Secret Service Sex Scandal (Bloomberg)
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Kathryn Ruemmler, who resigned last week as the top lawyer at Goldman Sachs Group Inc., corresponded with Jeffrey Epstein about a prostitution scandal that engulfed the US Secret Service during her tenure as White House counsel under former President Barack Obama. In a dozen or so exchanges that were sent months after Ruemmler left her White House position in 2014, she complained to Epstein about “this secret service crap” and forwarded to him a draft email that contained detailed, nonpublic information about the behind-the-scenes role the White House Counsel's office played in investigating the 2012 prostitution scandal. Bloomberg News Senior Investigative Reporter Jason Leopold joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)...
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