off-the-charts gop stupidity and vanguard indifference.
there exist funds literally
against good governance (anti-ESG), shareholder and otherwise. and funds that invest based on religious superstitions and made-up financial tokens.
https://www.ft.com/content/b619bf8f-d23e-4e58-a1c9-536fd979a81a"Vanguard has reached a settlement with Texas and other Republican-led states that accused the asset manager and its biggest competitors of conspiring to suppress coal production in a key case about ESG investing.
The asset manager will pay $29.5mn to settle the litigation,
leaving BlackRock and State Street to fend off the case alone. Vanguard, which manages $12tn in assets, did not admit wrongdoing.
...
State Street said: “This lawsuit remains baseless and without merit. There was not, and is not, any collusion here. We remain confident that the facts and legal substance are on our side.” BlackRock declined to comment.
...
“This sets a new standard for institutional investors that every company should follow,” said Ken Paxton, attorney-general of Texas..."
ken paxton is so corrupt, he is often abandoned\impeached even by the
texas gop. notably dodged one of multiple subpoenas by running out of his house and hiding in a truck.
now back to those valley forge employee comp talks!
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