A Black-owned investment firm sued New Jersey for racial bias on Tuesday, saying officials told it that the state’s pension was averse to hiring money-management firms owned by minorities.
Blueprint Capital Advisors is one of the few U.S. investment firms founded by African-Americans. The Newark firm said in court documents Tuesday that New Jersey’s pension office “usurped” its ideas and hired money-management giant BlackRock Inc. to run Blueprint’s strategy. Blueprint alleges pension staff made efforts to block it from investing...
pouvoir87 The only way to protect our communities from Racism is when Black Folk have FULL AUTHORITY/SOVEREIGNTY of our communities, currency & courts economies, education safety & spaces, prisoners & prisons. Otherwise RACISM will attack us from every position that racist have Authority.
Call bs.
Damn shame.
How can a state pension fund do something like this?
Take New Jersey to the cleaners
Jacob Walthour, Jr., Blueprint’s chief executive, said in an interview. He was previously a vice chairman at Cowen & Co. and held managing director roles at Cliffwater and Citadel in a Wall Street career that has spanned over 30 years.
Dems true colors shining through. They are the real racist.
Just gonna say the timing of this suit automatically brings the opportunism defense and counter charges of intent to defraud.
Yeah, that seems unfair. What’s your track record? If you’re making money I don’t care.
When all is said and done racism will be draped in a cloak of blue ProgressiveFacade
Can’t earn the business just wants handouts
yep, true just like that nascar case.
Gaurentee you have no proof just accusations