Diversity on Wall Street (DOWS)???

I have been seeing this organization throughout the internet a lot. What exactly is this? One of my contacts in the industry told me that a lot of kids write this on their resumes as "Associates"?? I have no idea why they would offer such a position like this for this diversity org I suppose? also, they have like a big groupme chat where literally 80% of them are non-DEI candidates and they have just been exploiting the DEI initiatives for no reason, putting this bs on their LinkedIn, resume, etc. Can someone pls explain what tf is going on with these diversity orgs that come out of nowhere??/

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Who cares? DEI in itself is unethical, so I see no issue with non-DEI candidates taking advantage of the system that actively works to disadvantage them.

 
Controversial

Please Google de jure segregation. 

De jure segregation also was unethical, and was unconstitutional. 

But this led to a head start for some ethnicities and groups while it left others behind. 

The reality is that relics and badges from parts of history many don't want to discuss continue to be prevalent today, and particularly in the workplace. 

 

Let’s discuss. It was racial segregation and yes, some racial diversity initiatives are warranted. However, at some point, people with vested interests started deprioritizing racial equity and made gender parity their main goal. Hence, you have a bastardized outcome where white women although being most privileged members of a white western society have access to 50% of A&A seats and promotions. Since when did white women have to face apartheid or segregation, or do we have women only ghettos? Considering white women a minority / diversity is an insult to the challenges faced by generations of racial communities. White men and women both are subject to similar socio-economic hurdles then why do we not consider white men as diversity. In short, there is no room for any gender quotas. 

 

That pretty much sums up IB recruitment and promotions. White guy running it prefers gender targets over racial diversity with the goal to benefit white women. That’s the most digestible form of diversity in the corridors of power. Look at annual reports, they only refer to gender targets when it comes to diversity while for marketing they will parade mostly PoC

 

well fuck guys we better pack it up, prospect in IB has spoken the kids cracked and will go to a megafund. Jokes aside, not sure how you can make such a claim when there’s like 130 MF spots in the country a year — just GS/EVR analyst classes exceed this number by a lot.

 

The hardest part is getting in and getting promotions. The rest is easy because you are competing against DEI folks who are absolutely incapable and "R word," otherwise they could have gotten the job without lower standards.

 

papa trump will abolish DEI inshalla.The age mediocrity is over. Bring bank merit, excellency, and IQ Rawwwrrrr 

 
[Comment removed by mod team]
 

GroupMe is flooded with any and everyone (mostly non-DEI candidates) but they dropped pretty much every application and timeline in there. Couldn’t complain during my SA recruitment tbh

 

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