-- While money managers were inking deals, talking about AI and hanging on Elon Musk’s every word at this week’s premier business conference in Beverly Hills, a passionate debate over diversity was taking place behind closed doors.Marjorie Taylor Greene Finally Got What She Deserved: Defeat
Ackman, the billionaire founder of activist investment firm Pershing Square Capital Management, began his high-profile assault against DEI initiatives last year after accusing elite colleges, including his alma mater Harvard University, of failing to respond to allegations of antisemitism on campus. At the panel this week, Ackman blamed DEI staff members for fostering ideas that deem some “oppressed” and others, including Jewish people, as “oppressors,” according to the attendees.
The debate at the conference reflects a broader dispute taking place across corporate America over the role of DEI. Comments by Ackman, Musk and former President Donald Trump have added fuel to a crusade led by conservative activists trying to dismantle DEI initiatives in schools, colleges and companies.
“It would be a mistake for Jewish funders and trustees to align against campus DEI efforts,” said Simone Friedman, who leads giving at EJF Philanthropies, the family foundation of hedge fund manager Manny Friedman. In an interview with Bloomberg News, she advocated expanding diversity programs on campus to more comprehensively include Jewish identity.
“I just think there’s a real opportunity under all these perspectives to make a really good risk-adjusted return,” he said.Ex-Trump White House Attorney Has Damning Prediction For Classified Docs JudgeMiss Teen USA UmaSofia Srivastava resigned Wednesday, writing on Instagram that her “personal values no longer fully align with the direction of the organization.
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