Goldman Sachs has announced a broad pledge of $10 billion to ‘change the lives’ of One Million Black Women. But the plan is thin on detail and smacks of a bid for good PR from an industry where inequality has thrived for years.
In a press release, Goldman Sachs promised that the One Million Black Women initiative “will address the dual disproportionate gender and racial biases that black women have faced for generations, which the pandemic has only exacerbated.” And Goldman’s CEO David Solomon explained the framework for the project. “Given all that's happened over the course of the last year, we've done a lot of talking at the firm–and even more, listening–to help us figure out how we can do more to end the racial inequity and the gaps that have existed in society for well too long,” he said. Additionally, Goldman pledged $100 million for philanthropic causes.
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https://www.rt.com/op-ed/518172-goldman-sachs-black-women/
