Charles Gasparino Exposes Cost of Corporate Wokeness in New Book
6th August 2024
Gasparino, a veteran financial journalist at Fox Business, initially focused on the bank’s poor risk management. But he soon stumbled upon something more troublesome—an unhealthy fixation on diversity, equity, and inclusion (DEI) and environmental, social, and governance (ESG) policies.
This misplaced focus, Gasparino argues, played a significant role in the bank’s ultimate demise.
…
Through extensive interviews and research, Gasparino documented how corporations eagerly embraced woke idea, only to face harsh financial realities. His new book “Go Woke, Go Broke: The Inside Story of the Radicalization of Corporate America” offers a stark warning to CEOs who might be tempted to follow this path.