It Really Is All about the Spoils, Isn't It?

You know, maybe if more time was spent reigning in the excesses of capitalism, and less effort spent on dividing the spoils of the system, we would have a more functional society:

California Democrat Maxine Waters, the first woman and first African-American to chair the House Financial Services Committee, is planning to use her new power to push for more women and minorities in the top ranks of corporate America.

Some firms are panicking at the prospect of new public scrutiny, according to lobbyists, who say that while companies won’t openly fight Democrats' moves to promote diversity, many are uneasy about the prospect of government getting directly involved in their hiring decisions.

………

One financial industry source who previously worked for a Democratic member said: “Very, very few have been ahead of the game” when it comes to improving diversity.

"Now companies are focused like a laser on identifying top African-American talent with Congressional Black Caucus relationships to help them understand and mitigate the striking lack of diversity within their corporations,” the person said.

They look at finance, where the self described "geniuses" nearly blew up the world a decade ago, and their first concern is that the rewards of being a parasite are not being evenly distributed.

To quote Lambert Strether, "One does not improve a tapeworm; one removes it."