The NAACP officially becomes a public traded company on the NYSE

theworldismine13

God Emperor of SOHH
Bushed
Joined
May 4, 2012
Messages
22,632
Reputation
525
Daps
22,587
Reppin
Arrakis
They are basically marketing an equities ETF whose holdings are large cap stocks of companies who allegedly show some commitment to diversity and minority empowerment.

Doesn't sound like a horrible idea to me, honestly.

:ehh:

Hmm if it's tracking large cap then it's corny, it would probably include any company that has a "diversity" program IBM, coke, xerox etc
 
Joined
Apr 30, 2012
Messages
9,457
Reputation
-559
Daps
15,340
Reppin
WestMidWest
*shrugs* the folks that tries to fund raise without government or non-Black help doesn't get support, so these Black folks are getting funding anyway they can, can't be surprised or mad at this point
 

Shoog Shatmi

All Star
Joined
Nov 18, 2016
Messages
1,666
Reputation
-245
Daps
7,153
Hmm if it's tracking large cap then it's corny, it would probably include any company that has a "diversity" program IBM, coke, xerox etc
I dunno. I get the impression some large companies take it a lot more seriously than others. Hopefully the appeal of being included in this fund/index motivates companies to do better.
 
Top