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This is what systemic racism looks like.
From Bloomberg (Archive), "Goldman to Refuse IPOs If All Directors Are White, Straight Men":
The era of the white, all-male board is coming to an end.WATCH:
A second article from Bloomberg revealed the policy will not apply to Asia or the Middle East (i.e. Israel and Saudi Arabia):
[T]he rule applies only to IPOs in the U.S. and Europe. Asia's exclusion is striking, given how common all-male boards are in the region. Other bastions of male dominance, including Latin America and the Middle East, also went unmentioned.Mr. Solomon and Mr. Blankfein's discriminatory policy is only for white, European men.
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