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DEI Backlash:

Corporate America’s Diversity ProblemWall Street’s DEI RetreatRethinking
Diversity HiringGen Z’s Desire for DEI
BackForward
Equality


ACKMAN SCOLDED OVER DEI VIEWS AT CLOSED-DOOR MILKEN SESSION

 * Panelists and audience confront investor at invite-only event
 * In statement, Ackman asks people to consider his past writings

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Bill Ackman 

Photographer: Jeenah Moon/Bloomberg
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By Simone Foxman
May 10, 2024 at 2:10 AM GMT+3
Updated on
May 10, 2024 at 2:01 PM GMT+3
BookmarkSave

While money managers were inking deals, talking about AI and hanging on Elon
Musk’s every word at this week’s premier business conference in Beverly Hills, a
passionate debate over diversity was taking place behind closed doors.

In a small side room, roughly 40 people, including some of Wall Street’s most
senior executives of color, crowded around a rectangular array of tables for an
invitation-only panel and confronted hedge fund manager Bill Ackman for his
attacks on diversity, equity and inclusion, or DEI, initiatives, according to
five attendees.

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