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January 15, 2025 5 mins
Chris breaks down the recent court ruling against American Airlines for prioritizing ESG (Environmental, Social, and Governance) and DEI (Diversity, Equity, and Inclusion) investments over the financial interests of employees’ 401(k) funds. He explores the lawsuit's implications under ERISA, critiques the Biden administration’s protection of major investment firms like BlackRock, and highlights the predictable underperformance of ESG investments. Markowski emphasizes the importance of competence over ideological agendas in financial decision-making. www.watchdogonwallstreet.com
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