3 votes

University of California under fire for Blackstone investment

2 comments

  1. Rocket_Man
    Link
    I think this is just an issue with Investments in general. The stock market incentivizes people to act in a purely greedy way to optimize their return. The University of California is likely doing...

    I think this is just an issue with Investments in general. The stock market incentivizes people to act in a purely greedy way to optimize their return. The University of California is likely doing just that, making the best financial decision they can see. Now they should also divest themselves once it's become known and do their best to avoid it. But IMO this is the system working as designed.

    To me i think we really need to find a way to hold investors accountable for the things they invest in. Or find a new way for for organizations to gain capital.

    3 votes
  2. Fal
    Link
    An older article, but posted now because I saw custodial employees protesting on campus today.

    An older article, but posted now because I saw custodial employees protesting on campus today.

    1 vote