Thursday, May 8, 2014

Singapore bureaucrat displeased by Goldman Sachs' brazen LGBT recruitment via dinner and drinks

A story at Buzzfeed Business by Matthew Zeitlin and J. Lester Feder reveals that the august Mr. Chan Chun Sing, Singapore's "Social and Family Development Minister" (seriously?) was terribly unamused by the insolent insolence of Goldman Sachs in pursuing diversity in its ranks by recruiting gay college students in Singapore.

Said Sachs:
     “We hold recruitment events to attract talented people to our firm. Our goal is to hire the best people we can find and to build diverse teams that are a reflection of the clients we serve,” said David Wells, a Goldman Sachs spokesperson.
     ...Goldman’s Chief Executive Officer Lloyd Blankfein said in 2012 that the bank’s pro-gay views are “not without a price” and that it had lost a money management client due to its stance.
      Blankfein also recorded a video for Human Rights Campaign voicing his support for marriage equality, saying, “Equality is just good business, and it’s the right thing to do.” When the Supreme Court overturned the Defense of Marriage Act, Goldman flew a rainbow flag outside its New York City headquarters.
Sachs' LGBT employee group organized the recruitment event. The firm also will also sponsor Pink Dot SG, an annual Singapore gay event.

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