dei - Shore News Network

New Jersey Joins Blue State Fight Against Trump to Save DEI Programs, Funding, Jobs

Breaking Local News ReportFebruary 1, 20250

TRENTON, N.J. — New Jersey Attorney General Matthew J. Platkin, along with 12 other state attorneys general, issued a joint statement Friday condemning former President Donald Trump’s recent executive orders aimed at dismantling diversity, equity, inclusion, and accessibility (DEIA) initiatives. The statement accused Trump of misleading the public about the purpose of DEIA policies and criticized his claims that such programs contributed to a recent plane crash, calling the assertion an “insult” to grieving families and military personnel. “President Trump’s executive orders are unnecessary and disingenuous,” the statement read. “These orders have nothing to do with combating discrimination. Instead, the

‘DEI Protected Person’: Alan Dershowitz Explains Why Harvard Pres May Survive Plagiarism Scandal

The Daily CallerDecember 22, 20230

‘DEI Protected Person’: Alan Dershowitz Explains Why Harvard Pres May Survive Plagiarism Scandal Harold Hutchison on December 21, 2023 Harvard University law professor emeritus Alan Dershowitz said Thursday the university’s president could survive a plagiarism scandal because she is a “DEI protected person” due to her race. The House Committee on Education and the Workforce announced an investigation into whether the Ivy League school ignored allegations that Harvard President Claudine Gay committed plagiarism. “There are two categories of people at Harvard,” Dershowitz said, adding, “Those that come under the protection of diversity, equity and inclusion(DEI), and the rest of the

Congress’ 2023 Defense Legislation Shovels Cash Into DEI Programs. Here’s Where It Will Go

The Daily CallerDecember 28, 20220

Congress’ 2023 Defense Legislation Shovels Cash Into DEI Programs. Here’s Where It Will Go Micaela Burrow on December 28, 2022 Legislation from a Democrat-led Congress pours funding into enhancing Diversity, Equity and Inclusion (DEI) into defense-related programs over the course of 2023. President Joe Biden signed the 2023 National Defense Authorization Act (NDAA), Congress’ $858 billion defense bill that approves but does not devote funds for future spending, into law on Friday, while the full-year spending bill sits on his desk awaiting enactment. Legislation provides for focused recruiting on women and racial minority groups and increasing their participation in STEM

‘What Is Your Job?’: Cruz Says Top Biden Admin DEI Official Is ‘Encouraging’ Discrimination

The Daily CallerJuly 26, 20220

‘What Is Your Job?’: Cruz Says Top Biden Admin DEI Official Is ‘Encouraging’ Discrimination Harold Hutchison on July 26, 2022 Republican Sen. Ted Cruz of Texas turned to a classic movie line while questioning the State Department’s chief diversity and inclusion officer about alleged hiring discrimination Monday. “What would you say you do around here?” Cruz asked Ambassador Gina Abercrombie-Winstanley during the hearing held by the Senate Foreign Relations Committee on “Diversity, Equity, Inclusion, and Accessibility in U.S. Diplomacy and Development,” using the line from the film “Office Space.” WATCH: “What is your job, if not to stop discrimination?” Cruz

‘It’s Insulting’: Jewish Father Sues Elite Private School Over ‘Racially Divisive And Anti-Semitic’ DEI Curriculum

The Daily CallerJuly 23, 20220

‘It’s Insulting’: Jewish Father Sues Elite Private School Over ‘Racially Divisive And Anti-Semitic’ DEI Curriculum Reagan Reese on July 22, 2022 A Jewish father is suing Brentwood School in Los Angeles, California for implementing a racist and anti-semitic diversity, equity and inclusion curriculum. “When the school told the parents that they were bringing in this DEI expert, the Jewish parents were extremely concerned because there’s a extremely well known tie between all these DEI administrators and DEI in general and anti-semitism. It is a very close and very known connection,” Attorney David Pivtorak told the Daily Caller News Foundation The

Decline and near fall of Italy’s Monte dei Paschi, the world’s oldest bank

ReutersJune 23, 20220

By Valentina Za MILAN – State-owned Monte dei Paschi di Siena (MPS) on Thursday announced a 2.5 billion euro ($2.6 billion) cash call under new Chief Executive Luigi Lovaglio. Here is a timeline of key events in the recent history of MPS, whose origins can be traced back to the 15th century. NOVEMBER 2007 – MPS buys Antonveneta from Santander for 9 billion euros in cash, just months after the Spanish bank paid 6.6 billion euros for it. JANUARY 2008 – MPS announces a 5 billion euros rights issue, a 950 million euro capital increase reserved to JPMorgan, a 2.16

Italy sees EU nod over Monte dei Paschi nearing – sources

ReutersJune 15, 20220

By Giuseppe Fonte and Valentina Za ROME – Italy expects to reach an informal agreement with European Union authorities soon over new restructuring goals for Monte dei Paschi di Siena (MPS) and to be granted more time to return the state-owned bank into private hands, two sources said. The collapse of talks with UniCredit over its potential purchase of MPS last year has forced Rome to seek an extension of the initial end-2021 deadline to sell the bank. Italy owns 64% of the world’s oldest lender after a 2017 bailout. Hit by negative interest rates and an economic downturn, MPS

UniCredit CEO rules out reopening of Monte dei Paschi talks

ReutersMay 31, 20220

ROME – UniCredit Chief Executive Andrea Orcel ruled out on Tuesday that talks with Italy’s Treasury over the sale of state-owned bank Monte dei Paschi di Siena could resume. “The negotiations are over, I’m sorry about that, but they’re over,” Orcel told RaiNews24 television channel after attending the Bank of Italy’s annual general meeting in Rome. Orcel also said Russia, where UniCredit owns the country’s 14th largest bank, no longer posed a problem for the Italian lender after it set aside money in the first quarter to cover potential losses. UniCredit has booked over 70% of the potential maximum capital

Decline and near fall of Italy’s Monte dei Paschi, the world’s oldest bank

ReutersMay 6, 20220

MILAN – An appeals court on Friday acquitted all 13 defendants, as well as Deutsche Bank and Nomura, over derivative deals that prosecutors alleged helped Monte dei Paschi di Siena hide losses in one of Italy’s biggest financial scandals. Here is a timeline of key events in the recent history of Monte dei Paschi (MPS), whose origins can be traced back to the 15th century. NOVEMBER 2007 – MPS buys Antonveneta from Santander for 9 billion euros in cash, just months after the Spanish bank paid 6.6 billion euros for the Italian regional lender. JANUARY 2008 – MPS announces a

Italy sets aside more money to boost capital at Monte dei Paschi – sources

ReutersMay 5, 20220

By Giuseppe Fonte ROME – Italy is beefing up a 1.5-billion-euro ($1.6 billion) money pot destined for state-owned bank Monte dei Paschi di Siena (MPS), three sources close to the matter said, adding it was still unclear by how much it would increase it. The sources said that MPS would get part of 925 million euros in additional funds Italy set aside this week for capital injections into state-controlled companies. MPS declined to comment. The bank has previously said it needs 2.5 billion euros in capital but the actual size of its capital shortfall will be set only after new

Italy expects to sell Monte dei Paschi after restructuring

ReutersMarch 28, 20220

By Giuseppe Fonte and Valentina Za ROME – Rome expects to return Monte dei Paschi di Siena into private hands only after the bailed-out lender completes restructuring steps it is currently discussing with European Union authorities, Italy’s economy minister said on Monday. Under new CEO Luigi Lovaglio, Monte dei Paschi (MPS) is revising a 2022-2026 strategic plan readied by previous management which needs approval by European authorities. Economy Minister Daniele Franco told a parliamentary hearing the bank would know once the plan is ready how much money it needs to raise. For now the 2.5 billion euro capital raising envisaged

Monte dei Paschi set to name veteran banker Lovaglio as CEO, sources say

ReutersFebruary 5, 20220

By Giuseppe Fonte ROME – Italy’s Monte dei Paschi di Siena (MPS) could name a new chief executive as early as Monday after the state-owned bank’s nomination committee proposed the former head of Poland’s Bank Pekao for the job, sources said. Veteran Italian banker Luigi Lovaglio, 66, was picked by the committee on Friday to replace Guido Bastianini, two sources close to the matter said, one adding that the Italian Treasury is pleased with the choice which still needs to go through MPS’s board. MPS declined comment. Known for his restructuring skills, Lovaglio would arrive at MPS at a delicate