Friday, September 26, 2008

At Least They Knew What Was Really Important...

The always invaluable Steve Sailer directs our attention to one of the final PR releases issued by Washington Mutual (WaMu) just hours before the bank was seized by the FDIC for insolvency and its assets were sold to JP Morgan.

WaMu Recognized as Top Diverse Employer—Again Company ranks in top ten of Hispanic Business’ Diversity Elite and earns perfect score on the Human Rights Campaign’s Corporate Equality Index
SEATTLE, WA (September 24, 2008) – Washington Mutual, Inc. (NYSE:WM), one of the nation’s leading banks for consumers and small businesses, has once again been recognized as a top employer by Hispanic Business magazine and the Human Rights Campaign.

Hispanic Business magazine recently ranked WaMu sixth in its annual Diversity Elite list, which names the top 60 companies for Hispanics. The company was honored specifically for its efforts to recruit Hispanic employees, reach out to Hispanic consumers and support Hispanic communities and organizations.

WaMu serves as yet another example of a U.S. bank that ruined itself by lending money to people who had no chance of ever paying it back, and then patting itself on the back for helping minorities and the "disadvantaged." Sailer has taken to calling this the "Diversity Recession." He is perfectly correct.


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