View Full Version : Some major corporations are changing...for the better.
ColdNoMore
06-09-2020, 12:42 PM
A number of companies with past problems...are now setting the best examples. (Click Here) (http://finance.yahoo.com/news/companies-with-past-problems-are-setting-the-best-models-in-response-to-george-floyds-death-yale-professor-170910488.html)
The police killing of George Floyd in Minneapolis last month elicited statements denouncing racial inequality from major corporations with past scandals and legal settlements tied to alleged discrimination, including Bank of America (BAC), JPMorgan Chase (JPM), and Walmart (WMT).
Some of those companies have been “awakened” by current unrest over racial inequality, says Yale University professor of management Jeffrey Sonnenfeld, who posits that large companies that faced past allegations of discrimination have often responded best in the aftermath of Floyd’s death due perhaps to the criticism they once received for their shortcomings.
Last week, Sonnenfeld convened a virtual discussion of race relations with over 300 chief executives, mayors, and government officials.
“Companies that historically had the biggest problems are often setting the best models right now,” he says. “Maybe it’s from litigation or legislation or people in the media.”
“Some of the irony is that large lumbering older giants have been awakened,” adds Sonnenfeld, who also serves as the senior associate dean of leadership programs at the Yale University School of Management. “Maybe sometimes they’ve been punished in the past.
They have found religion, for the most part.”
:thumbup:
Now who in the world can think...this is a bad thing?
Methinks however, there will certainly...be some. :oops:
Topspinmo
06-09-2020, 12:48 PM
I say BS, political correctness stunt. Pledging one thing, following through! We see?
Stu from NYC
06-09-2020, 01:28 PM
I say BS, political correctness stunt. Pledging one thing, following through! We see?
Well it sounds good when they say it doesnt it?
GoodLife
06-09-2020, 01:30 PM
A number of companies with past problems...are now setting the best examples. (Click Here) (http://finance.yahoo.com/news/companies-with-past-problems-are-setting-the-best-models-in-response-to-george-floyds-death-yale-professor-170910488.html)
:thumbup:
Now who in the world can think...this is a bad thing?
Methinks however, there will certainly...be some. :oops:
Get woke go broke. So methinks their stockholders won't be happy
Gillette got woke, made an atrocious add demeaning men, (mostly white ones) and their sales went down, who woulda thunk insulting your customers was a good idea.
Gillette Sales Decline Following ‘Toxic Masculinity’ Ad – Summit News (https://summit.news/2019/04/26/gillette-sales-decline-following-toxic-masculinity-ad/)
There's are many many more examples of the get woke go broke phenomena in Gaming, Movies, Media, Business etc
Nike lost almost $4 billion in stocks after signing Colin Kaepernick to the Just Do It Ads.
Pandering to the SJWs is one of the many reasons 2017 was one of the worst years in box office history. It got so bad that Solo: A Star Wars Story became the first Star Wars film to ever result in profit losses.
Since many NFL players have begun protesting the national anthem, NFL stadiums have become so deserted that the NFL was willing to significantly lower seat prices just to fill them.
As CNN gets woker, its ratings crash lower
X Men Dark Pheonix was a massive box office bomb and the lowest rated X Men movie of all time. One such scene was where it should be called X Women instead of X Men.
ColdNoMore
06-09-2020, 02:28 PM
Nike lost almost $4 billion in stocks after signing Colin Kaepernick to the Just Do It Ads.
Those durned pesky facts again. :1rotfl:
Nike up $26 BILLION since Colin Kaepernick Endorsement (pass it here) (http://www.blackenterprise.com/nike-value-up-26-billion-since-colin-kaepernick-endorsement/)
Colin Kaepernick is helping Nike rake in big bucks. According to Yahoo, ever since the athlete-turned-activist endorsed the corporate sneaker giant, their company value has skyrocketed.
Nike’s stock reportedly rose over 18% since the announcement of the Kaepernick deal, adding a spectacular $26.2 billion to the Nike coffers and increasing its value at nearly $146 billion.
ColdNoMore
06-09-2020, 02:32 PM
Now who in the world can think...this is a bad thing?
Methinks however, there will certainly...be some. :oops:
No pats on the back needed, as it certainly...wasn't a hard call/prediction. :D
GoodLife
06-09-2020, 04:38 PM
Those durned pesky facts again. :1rotfl:
Nike up $26 BILLION since Colin Kaepernick Endorsement (pass it here) (http://www.blackenterprise.com/nike-value-up-26-billion-since-colin-kaepernick-endorsement/)
Nike shares fall as backlash erupts over new ad campaign featuring Colin Kaepernick
Nike shares fall amid backlash over Colin Kaepernick ads (https://www.cnbc.com/2018/09/04/nike-shares-tumble-after-company-reveals-new-ad-campaign-featuring-colin-kaepernick.html)
Nike sponsors 1000s of athletes and teams all over the world. The drop in their shares immediately after signing Kapernick is attributed to him.
Here is a list of Nike's top ten endorsement deals. These guys get paid the most because they sell the most merchandise. Nobody named Kapernick here. He gets paid $5 million per year, so his contribution to profits would be 1/12 of Michael Jordans 1/4 of Tiger Woods and so on.
Nike's Top 10 Highest Paid Endorsement Deals to Sports Players (http://www.tsmplug.com/richlist/nike-highest-paid-endorsement-deals/)
Darn those pesky facts :a040:
graciegirl
06-09-2020, 04:53 PM
All kinds of new words.
Smug rhymes with thug.
Won't raise the barn. Nope.
Some folks know how to sound polite but many don't know how to BE good.
I stand with those who don't break the law. Saying and being and doing are sometimes three different things.
ColdNoMore
06-09-2020, 05:05 PM
Nike shares fall amid backlash over Colin Kaepernick ads (https://www.cnbc.com/2018/09/04/nike-shares-tumble-after-company-reveals-new-ad-campaign-featuring-colin-kaepernick.html)
:1rotfl:
Published Tue, Sep 4 2018 10:07 AM EDTUpdated Tue, Sep 4 2018 4:17 PM EDT
Nike's Top 10 Highest Paid Endorsement Deals to Sports Players (http://www.tsmplug.com/richlist/nike-highest-paid-endorsement-deals/)
Seriously?
2014? :1rotfl:
Posted on Sunday, January 12th, 2014
Nike up $26 BILLION since Colin Kaepernick Endorsement (pass it here) (http://www.blackenterprise.com/nike-value-up-26-billion-since-colin-kaepernick-endorsement/)
November 26, 2019
:MOJE_whot:
GoodLife
06-09-2020, 05:10 PM
:1rotfl:
Published Tue, Sep 4 2018 10:07 AM EDTUpdated Tue, Sep 4 2018 4:17 PM EDT
Nike up $26 BILLION since Colin Kaepernick Endorsement (pass it here) (http://www.blackenterprise.com/nike-value-up-26-billion-since-colin-kaepernick-endorsement/)
:MOJE_whot:
Yes, the report was published right after Nike announced Kapernick signing. Their shares fell that day. If you think Nike's value is up 26 billion because of Kapernick, you need to call his agent because a whole bunch of people are getting paid more by Nike.
GoodLife
06-09-2020, 06:20 PM
Nike’s Value Up $26 Billion Since Colin Kapernick endorsement
An excellent example of correlation is not causation.
If CK was responsible for a 26 billion dollar rise, why is he only paid $5 million per year while Michael Jordan got paid $185 million by Nike last year? Endorsements are calculated by the amount of merchandise moved. So Jordan is worth 37 Kapernicks and there are many others with Nike who get paid way more than Kapernick.
ColdNoMore
06-09-2020, 06:38 PM
Nike has made $6 billion since its Colin Kaepernick ad - Vox (https://www.vox.com/2018/9/24/17895704/nike-colin-kaepernick-boycott-6-billion)
The boycott against Nike for making Colin Kaepernick the face of its latest ad campaign doesn’t seem to be having the desired effect.
According to CBS, Nike’s stock has soared over the past year, seeing a 5 percent increase since Labor Day — the day it revealed that Kaepernick, the former quarterback for the San Francisco 49ers, was the star of company’s 30th-anniversary “Just Do It” campaign.
Sales of jerseys bearing his name have been among the league’s most popular even though he hasn’t played in two years, and Reuters reported last week that Nike’s Kaepernick women’s jersey had sold out.
ColdNoMore
06-09-2020, 06:44 PM
Back to the topic.
A number of companies with past problems...are now setting the best examples. (Click Here) (http://finance.yahoo.com/news/companies-with-past-problems-are-setting-the-best-models-in-response-to-george-floyds-death-yale-professor-170910488.html)
Bank of America (BAC), which paid $335 million in a settlement to the Justice Department in 2011 for alleged predatory mortgage loans given by a subsidiary lender, “will not tolerate racism in any form,” according to a statement from CEO Brian Moynihan.
The company pledged $1 billion last Wednesday to fight racial inequality over the next four years.
Favorable statements and actions in response to the protests may also prove effective public relations. A large majority 74% of Americans support the protests that have arisen in the wake of Floyd’s death, according to a poll released by the Washington Post on Tuesday, which the newspaper conducted in partnership with the Schar School from June 2 to 7.
:thumbup:
Windguy
06-10-2020, 05:15 AM
Would people please stop using bizarre coloring and tiny text sizes when writing on this forum? It’s really hard to read.
Dana1963
06-10-2020, 07:54 AM
Some of your statements are a wealth of misinformation.
kathy1516
06-10-2020, 11:21 AM
Nike has made $6 billion since its Colin Kaepernick ad - Vox (https://www.vox.com/2018/9/24/17895704/nike-colin-kaepernick-boycott-6-billion)
LOLOL you actually believe anything that VOX, liberal website prints??? You can’t be that gullible, can you?
Two Bills
06-10-2020, 11:34 AM
Would people please stop using bizarre coloring and tiny text sizes when writing on this forum? It’s really hard to read.
Absolutely!
That blue color on the green background might as well be invisible ink!:ohdear:
TexaninVA
06-10-2020, 12:45 PM
I say BS, political correctness stunt. Pledging one thing, following through! We see?
Is that ever true. I got an email last night from Goldman Sachs telling me "Black Lives Matter."
My reactions were:
1) they don't matter in Chicago apparently.
2) donate some of your money instead of virtue signaling to your customers.
ColdNoMore
06-10-2020, 12:48 PM
Absolutely!
That blue color on the green background might as well be invisible ink!:ohdear:
That only happens, when the original blue post on the tan background (which I often use for links)...is quoted and shows up with the green background.
Since it is obviously a quote from an actual post, one only has to scroll upward...to find the original link (on the tan background). :shrug:
ColdNoMore
06-10-2020, 12:57 PM
Rampant racism is a liberal myth. Take the community relations between The Villages and Wildwood as a real world example. Hundreds of thousands of dollars are donated by Villagers to the less fortunate in this area, not to mention the volunteers. We help each other around here regardless of race and it shows. You just won't see it in the news.
Ummm, this is no "myth." :oops:
Fruitland Park Cops - KKK (click here) (http://www.foxnews.com/us/residents-of-small-florida-town-shocked-disgusted-by-police-officers-ties-to-the-ku-klux-klan)
Residents of small Florida town shocked, disgusted by police officers ties to the Ku Klux Klan
There's also no myth involved, from the comments I've personally heard...from neighbors and golfers I've played with.
Of which, is not meant to say that they represent the vast majority, however it happens often enough to prove...that it's certainly NOT just a "myth."
This corporate give away to BLM is just gross. They are just afraid of the twitter verse of pajama boys attacking them. Really sickening.
tophcfa
06-10-2020, 02:56 PM
Changes yes, for the better???????
GoodLife
06-10-2020, 04:47 PM
Ummm, this is no "myth." :oops:
Fruitland Park Cops - KKK (click here) (http://www.foxnews.com/us/residents-of-small-florida-town-shocked-disgusted-by-police-officers-ties-to-the-ku-klux-klan)
There's also no myth involved, from the comments I've personally heard...from neighbors and golfers I've played with.
Of which, is not meant to say that they represent the vast majority, however it happens often enough to prove...that it's certainly NOT just a "myth."
So the proof of rampant racism is an article about a few Police in Fruitland who were KKK members and then got fired, plus some comments you heard on the golf course?
From the article: it's exceedingly unusual these days to find a police officer who is secretly a Klansman," said Mark Potok, a senior fellow at the Southern Poverty Law Center, which monitors hate groups.
Exceedingly unusual is the opposite of rampant. Most don't judge their world by comments on the golf course.
Something to look into if you are concerned about racism. Blacks die by homicide at 8 times the rate of whites, not by Police, not by whites, but by blacks. Thousands of them every year. Last year cops killed 9 unarmed blacks, some of them were shot by black cops.
https://www.cdc.gov/nchs/data/nvsr/nvsr68/nvsr68_09-508.pdf
Looking in the wrong places will not solve the problem.
Number 10 GI
06-10-2020, 05:00 PM
Would people please stop using bizarre coloring and tiny text sizes when writing on this forum? It’s really hard to read.
I don't even try, not worth reading anyway.
sipops
06-12-2020, 09:52 AM
I thought Jesse Jackson already shook down these companies in the 70's and if they didn't pay up they would boycott and demonstrate against these companies.
Cybersprings
06-12-2020, 10:43 AM
Ummm, this is no "myth." :oops:
Fruitland Park Cops - KKK (click here) (http://www.foxnews.com/us/residents-of-small-florida-town-shocked-disgusted-by-police-officers-ties-to-the-ku-klux-klan)
There's also no myth involved, from the comments I've personally heard...from neighbors and golfers I've played with.
Of which, is not meant to say that they represent the vast majority, however it happens often enough to prove...that it's certainly NOT just a "myth."
That is proof of racism. The claim was of rampant racism.
rampant definition: profusely widespread
I don't think that incident is proof of rampant.
graciegirl
06-12-2020, 12:53 PM
:1rotfl:
Published Tue, Sep 4 2018 10:07 AM EDTUpdated Tue, Sep 4 2018 4:17 PM EDT
Nike's Top 10 Highest Paid Endorsement Deals to Sports Players (http://www.tsmplug.com/richlist/nike-highest-paid-endorsement-deals/)
Seriously?
2014? :1rotfl:
Posted on Sunday, January 12th, 2014
Nike up $26 BILLION since Colin Kaepernick Endorsement (pass it here) (http://www.blackenterprise.com/nike-value-up-26-billion-since-colin-kaepernick-endorsement/)
November 26, 2019
:MOJE_whot:
Is he the fellow from the white family who can't get a job? I don't like sports so I don't keep up.
ColdNoMore
06-12-2020, 04:19 PM
Is he the fellow from the white family who can't get a job? I don't like sports so I don't keep up.
Old Nike Thread (poke here) (https://www.talkofthevillages.com/forums/investment-talk-158/nike-272021/?highlight=kaepernick)
Just ONE Post (Click Here) (https://www.talkofthevillages.com/forums/1579643-post3.html)
:ho:
ColdNoMore
06-12-2020, 04:25 PM
COLLUSION Lawsuit settled(spiral thrown here) (http://www.hollywoodreporter.com/news/colin-kaepernick-nfl-settle-collusion-lawsuit-1187235)
Colin Kaepernick, NFL Settle Collusion Lawsuit
:ho:
Bay Kid
06-14-2020, 08:19 AM
Chic Fillet did great.
billethkid
06-14-2020, 08:44 AM
Often and the current black episodes by corporations and others amounts to nothing more than lip service and eye wash.
Nothing new....just slide in a different header.
vBulletin® v3.8.11, Copyright ©2000-2025, vBulletin Solutions Inc.