Coffee Log, Year 2, Day 298

Hi.

Coffee: House Drip, McDonald’s Drive-Thru; The branch I’ve been studying at doesn’t drink coffee. They make tea in the mornings or some kind of faux-Tibetan energy drink. The manager is a body cleanser. The tellers are in no more need of caffeine. But I’ve been doing this too long to start my day without the stuff, my brain knows to expect it; ages ago, in neuroscience class, I learned that the mind is plastic, and adjusts to substances and circumstances; that’s why opium addicts only tend to die of their addiction outside the opium bars – their bodies can handle the stuff when they’re in the atmosphere of the dens. If I’m going to study, I’ll indulge my minor addiction; McDonald’s coffee is bathroom towels on the way down, ones that have been sitting around too long, but has a nice aftertaste

I’ve been nose-deep in books this week (not the fun kind, but study guides). I learned about IPO’s. Initial corporate stock offerings. And today, Goldmann Sachs says they won’t take those IPO’s to market anymore for companies whose Board of Directors is only straight, white men. That means two things: 1) that there’s a price tag on diversity; 2) that price is pretty high. Good news, though like any capitalist action it’s hard to know how long it will last. Progress only happens when it pays, no telling if it’ll stop paying.

But it got me to be a bit introspective – about the work I’m doing, or will be doing once I’m licensed. And it made me hopeful, there’s good here, or at least the opportunity for it. It’s good to see a bit of silver lining alongside the harder storms of the day.

Currently Reading: Giovanni’s Room, James Baldwin

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The corporate board has become a rare bright spot for gender and racial diversity at the highest echelons of corporate America. Almost half of the open spots at S&P 500 companies went to women last year, and for the first time they made up more than a quarter of all directors. In July, the last all-male board in the S&P 500 appointed a woman.

Jeff Green, writing for Bloomberg – Goldmann to Refuse IPOs If All Directors Are White, Straight Men