WaMu went belly up because of homosexuals?

September 26, 2008

Is the National Review really implying that Washington Mutual went belly up because it was too accommodating to gays and lesbians and HIspanics? I don’t the piece was intended as serious analysis, but clearly it is a source of humor for the writer. If you find that kind of thing funny. 

Fact is, a lot of US corporations accommodate the GLBT community as well as women and minorities. A total of 138 corporations got a perfect score from the Human Rights Campaign for their policies toward GLBT employees and their partners.

The list of companies include a number of financial institutions, including Bank of America, Deutsche Bank, Citigroup, Morgan Stanley, Wachovia and Wells Fargo . These firms are in varying states of healthiness right now, but clearly this list tends to show that giving benefits to GLBT employees doesn’t correlate to business failure.

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