#GAReads | Bank Behind 'Fearless Girl' Statue Fined $5M For Underpaying Women And Minorities
by Dalelyama [CC BY-SA 4.0], via Wikimedia Commons
"Bank Behind 'Fearless Girl' Statue Fined $5M For Underpaying Women And Minorities":
Bloomberg yesterday broke the story that $2.6 trillion asset manager State Street Corp. agreed to a settlement over government charges. The OFCCP claimed that "since at least December 1, 2010, and continuing thereafter, State Street discriminated against Females employed"as senior vice presidents, managing directors, and vice presidents "by paying them less, in base salary, bonus pay and total compensation, than similarly-situated Males employed in the same positions."