Settling a Lawsuit with 16 Million "Innovative Dollars"


	Settling a Lawsuit with 16 Million "Innovative Dollars"

zizzy

10-28-2007 2:56 AM

175 views

tags:

discrimiation, racism, lawsuits, living in america

2 Comments |

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10-29-2007 5:36 PM

DJ Gee

I was reading about this on GlobalGrind.com...why do white people think they can discriminate against us and then hand us a wad of cash and think everything is settled??

10-30-2007 6:59 PM

zizzy

I think it's the idea that money can buy anything: as in love, loyalty, forgetfulness

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/7990cf74-0251-477e-807f-472d00c14167/04236466-C474-453F-B2AC-6C831CA00EF5/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.stereohyped.com/workplace-discrimination/morgan-stanley-shells-out-16-million-innovative-dollars-20071024/" href="http://www.stereohyped.com/workplace-discrimination/morgan-stanley-shells-out-16-million-innovative-dollars-20071024/" style="font-size: 11px;">www.stereohyped.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.stereohyped.com/workplace-discrimination/morgan-stanley-shells-out-16-million-innovative-dollars-20071024/">
Morgan Stanley agreed Monday to pay more than 1,000 black and Latino brokers a $16 million settlement and institute diversity programs to end a class action discrimination lawsuit.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.stereohyped.com/workplace-discrimination/morgan-stanley-shells-out-16-million-innovative-dollars-20071024/"><BLOCKQUOTE><P>The suit alleged Morgan Stanley discriminated against African-American and Latino brokers and broker trainees in business, compensation, and other employment opportunities based on race and ethnicity.</p> <P>“This settlement is an innovative way to address historic industry issues,” said James Wiggins, a Morgan Stanley spokesman, “and will advance our efforts to foster diversity and professional success within our financial adviser force.”</P></BLOCKQUOTE></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.stereohyped.com/workplace-discrimination/morgan-stanley-shells-out-16-million-innovative-dollars-20071024/"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.stereohyped.com/img/EB1DAA99-E756-4471-889E-B322D452829B" alt="settlement.jpg" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.stereohyped.com/workplace-discrimination/morgan-stanley-shells-out-16-million-innovative-dollars-20071024/"><P>Paying $16 million to employees that have been discriminated against is now considered an “innovative way to address historic issues?” More like an age-old way to make people forget about the historic issues?</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/04236466-C474-453F-B2AC-6C831CA00EF5/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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