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.