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Anyway, everybody, welcome to the show where I'm just reading.
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Coca-Cola, one of the biggest companies, has notified its law firms that it will not do business with them unless they are properly diversified.
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May I say that the aim of diversity over merit...
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Is not only injurious to any given profession, that's obvious to anybody, but it's very un-American.
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What it says to you is hard work doesn't pay, minority status pays.
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And that's the message of Coca-Cola.
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At this point, there are so many companies that are ruining the society that to boycott all of them would mean you would buy very few products.
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So, it just came out, and I am very curious.
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My first question was, what does it even mean?
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What will they do?
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They'll have to submit reports, is that correct, to Coca-Cola?
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Coke sets diversity targets financial penalties for outside lawyers.
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Coca-Cola said it will require diversity among law firms who bill it for work in the United States and reduce payments if they don't comply.
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The beverage giant's general counsel, a recent hire from the top ranks of four, disclosed the changes in a letter to law firms the company uses.
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Quite simply, we are no longer interested in discussing motivations, programs, or excuses for little to no progress.
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It's the results that we are demanding and will measure going forward, Bradley Gayton wrote.
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He told the Atlanta Journal-Constitution he hopes other major companies make similar moves to change the trajectory of diversity in the field.
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Okay.
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Well, there you go.
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By the way, you notice the new word?
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It's very important.
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There's a new switch.
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Equality has been dropped like global warming has been dropped.
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Now, those of you who pay very serious attention to my show know exactly what the new word is.
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It's equity.
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Equity is equality of result.
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