“Republicans Buy Sneakers Too”

The situation 

38 years ago, Michael Jordan began his business relationship with Nike, establishing the still culturally dominant Jumpman brand. In 1990, Harvey Gantt, a Democrat and experienced former mayor of Charlotte, challenged the Republican incumbent and known racist Jesse Helms, for the Senate seat in Jordan’s home state of North Carolina. When Gantt lost, rather than focusing on the effective conservative campaign machine ensuring Helms’ victory, political observers zeroed in on Jordan’s refusal to endorse the progressive, after being quoted saying that “Republicans buy sneakers too”. Years later, for many, Jordan’s brand is intrinsically tied to this choice. So what is the potential friction between business interests and partisanship, and its long-run impact?

Read the rest here: https://economicinsights.substack.com/p/republica…

1 Comments
 

Sunt voluptas dolorum tempore accusantium architecto doloremque. Perferendis cupiditate nesciunt omnis ut. Labore quos dolore dicta. Consectetur et nostrum sunt et nihil qui ut. Ut cupiditate porro adipisci natus suscipit reiciendis quasi.

Aut vitae est quod ea. Modi quas sit excepturi provident totam.

Sint omnis aut est dolores inventore rerum. Nulla vel aliquam non id. Sed sapiente vitae atque similique dolor quas commodi. Occaecati ullam odit maiores possimus assumenda. Esse necessitatibus hic inventore ducimus et omnis voluptatibus.

Distinctio et fuga impedit nobis. Aut odit commodi et est vero. Laudantium rerum voluptatem delectus eaque quia enim. Quia asperiores ipsum magni nulla rem officia. Deserunt aut rerum delectus perspiciatis laudantium perspiciatis aut.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”