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Woke Asset Management Firm Reportedly Makes Bid To Take Over Major Investment Bank

Asset management behemoth State Street is reportedly considering a takeover of Swiss investment bank Credit Suisse. State Street, an American firm based in Boston, will bid 9 Swiss francs per share for Credit Suisse for a valuation of 23 billion francs ($23.6 billion), according to a report from financial news outlet Inside Paradeplatz. Shares for …

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Asset management behemoth State Street is reportedly considering a takeover of Swiss investment bank Credit Suisse.

State Street, an American firm based in Boston, will bid 9 Swiss francs per share for Credit Suisse for a valuation of 23 billion francs ($23.6 billion), according to a report from financial news outlet Inside Paradeplatz. Shares for State Street were down nearly 5% in the United States on Wednesday afternoon.

“We are not going to respond to an earlier news report,” State Street said in a statement to Reuters, which added that many top analysts see few synergies between the two companies.

State Street has $3.9 trillion of client assets under management and, combined with fellow asset managers BlackRock and Vanguard, holds an average 20% stake in every Fortune 500 company.

The three firms, however, have drawn criticism for pressuring their portfolio companies to adopt Environmental, Social, and Governance (ESG) goals, by which firms make clean energy commitments, appoint a certain number of racial minorities to serve as executives, or otherwise mingle profitability with progressive internal and external politics. Last year, the three asset managers placed three climate activists on oil and gas company Exxon Mobil’s 12-person board of directors.

“Consolidation in the asset management industry is part of what allows a small group of players to advance a monolithic ideology on the rest of corporate America,” Vivek Ramaswamy, a former pharmaceutical executive who recently launched an anti-work asset management company, told The Daily Wire. “ESG in many ways originated in Europe and is even stronger there than in the United States — so I think this is just a part of the continued trend of seeing ESG become a dominant transnational trend on both sides of the Atlantic.”

Though there are some American investors and executives who want companies to advance certain political causes beyond their bottom lines, an exclusive Daily Wire poll conducted by Echelon Insights showed last month that most Americans want companies they invest in to stop preaching and instead pursue profits.

While 29% of respondents agreed it is a “good thing” for companies to leverage their financial power for political or social ends supported by executives, 58% — twice as many — said it is a “bad thing.” The Daily Wire poll found that most investors prefer to focus on profits instead of ESG when they choose their own assets — and most believe that other investors should have the same opportunity.

“The asset management industry — and the finance industry overall — is the one industry that’s upstream of all others, and why it has the greatest cultural influence of all,” Ramaswamy added.

Indeed, The Daily Wire reported last week that S&P Global Ratings — the nation’s largest credit rating firm — began applying an ESG rating system to states’ finances in a manner divorced from their true budgetary conditions. Though the system claims to be objective, multiple Republican state treasurers argue that progressive ESG metrics are giving investment funds an excuse to discriminate against states with conservative values.

However, Utah State Treasurer Marlo Oaks told The Daily Wire that the potential State Street and Credit Suisse merger would likely not make a salient impact on conservative states.

“Maybe State Street can grow assets through Credit Suisse’s European distribution, for investors there looking for U.S. passive exposure with an activist implementation,” he remarked.

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Denise Richards Reveals The Reason She Ended ‘Very Toxic’ Marriage With Charlie Sheen

Denise Richards says she had a very good reason for ending her “toxic” marriage to Charlie Sheen even though she was six months pregnant at the time. The “Wild Things” star discussed her deeper motivations during a recent conversation with Caroline Stanbury, the host of the “Divorced Not Dead” podcast. “The behind-the-scenes stuff was way …

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Denise Richards says she had a very good reason for ending her “toxic” marriage to Charlie Sheen even though she was six months pregnant at the time.

The “Wild Things” star discussed her deeper motivations during a recent conversation with Caroline Stanbury, the host of the “Divorced Not Dead” podcast. “The behind-the-scenes stuff was way worse than what was out there,” she said of their tumultuous relationship. “It was really bad.”

Richards claimed she made the decision to leave after asking herself one important question. She told Stanbury she wondered, “Would I want my daughters to be married to this man?” Since the answer was a definitive no, the mother of three made the choice to leave him.

“No offense to him, but I think he would take that and understand what I’m saying,” Richards continued. “It was very toxic.”

Sheen and Richards were married from 2002 until 2006 and had two children together. The actress later adopted a daughter after their divorce.

“I never wanted the girls to — and I don’t know, maybe I did them a disservice. There’s no handbook for this, especially when you’re in the public too, and you have to deal with all this crap — but I never wanted them to sense any discord between us because I didn’t want them to feel unsettled,” Richards said of parenting amid the drama.

“I did shelter them a lot, and then they started to get to an age where ‘so and so said this,’ and I lied my ass off and covered for him,” she continued. Later in the conversation she said, “Now as they’re starting to get older, they’re more aware of more things. That’s why I say I don’t know if I did them a disservice when they were younger.”

While Richards is now remarried and has moved on, there are still disagreements between her and Sheen. Most recently, their now 18-year-old daughter Sami made headlines for creating an OnlyFans account. Sheen insists he never would have approved that type of behavior.

“She is 18 years [old] now and living with her mother,” the actor said, as The Daily Wire previously reported. “This did not occur under my roof.”

Meanwhile, Richards seemed supportive of her daughter’s decision to join the X-rated platform. 

“Lots of negative comments on my social this past week,” she posted to social media. “I have to say, I wish I had the confidence my 18-year-old daughter has. And I also can’t be judgmental of her choices. I did ‘Wild Things’ & Playboy, quite frankly her father shouldn’t be either.”

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I Was In ‘What Is A Woman’: It Was The Hardest Thing I Ever Did, But I’d Do It Again

Throughout my life, I’ve held many titles: sales executive, parent, and spouse. But the one I’m now known for above all others – the one I’m most proud of – is Fighter.  As someone who fell for the lies of the LGBTQ movement – that all my problems would vanish if I underwent gender transition …

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Throughout my life, I’ve held many titles: sales executive, parent, and spouse. But the one I’m now known for above all others – the one I’m most proud of – is Fighter

As someone who fell for the lies of the LGBTQ movement – that all my problems would vanish if I underwent gender transition – I’ve dedicated my life to fighting for the protection of vulnerable children falling into the gender ideology trap. 

Part of that fight included a recent appearance in Matt Walsh’s documentary, What Is A Woman? 

Though I may have seemed confident and strong on camera, taking part in the documentary was the most challenging thing I have ever had to do in my life, and I’m serious.

On the day of the shoot, I even walked up the stairs at the hotel in New York, trying to avoid my children, so that I could call and cancel the interview. My daughter was on the fourth floor in the stairway, apparently realizing what I would do. Knowing that I would try to back out.

Arms folded, she looked like a 48 year old and at me as if I were 14! Eyes rolling, she grabbed my hand and rattled off one of my now old, irritating sayings. “You always tell me that anxiety is about being alive, and here you are; congrats, you are alive, Dad. Now turn around; you can do this. You made a promise. What is that going to say to me if you quit?”

“Aw…” I waved my hands and repeated the infamous phrase I used to tell myself all the time: That’s too far; I get the point, Gooia Gelf, I was just getting my coat, I wasn’t going to cancel, geez Julia,”

“Oh, so now you have started to lie to your kids now, huh?”

We laughed, and this time she waited with me for the uber – and off I went.

That day included much more than just another peeling of my chest. The only thing that could make me go through with it was my children. During those three days, they parented me, lifting me with catchphrases and holding me accountable with love.

As the cameras rolled, I felt it inside; I knew I was about to lose it. Since all of this has happened, I have not lost it, shedding very few tears – very unlike me. Before all of this, I used to cry watching Hallmark commercials. On this day, though, I felt the emotion welling up and the connection I had with overcoming objections. As the interview concluded and I finished telling my story, I looked around the room, and a sense of victory came over me.

As a business salesperson and presenter, my whole life I have learned how to inflect my voice – to throw out the tone and passion mixed with invulnerability and smooth logic – to help people understand my message. Conveying a feeling is an art form, and I have studied it my entire life, watching faces as they change with each word and delivery given – whether it be a success or failure. Emotion is not a gray area; it’s black or white. Did you convey what you meant to convey? 

“…. Did you move people to change their position? Did you make them feel, Kellie?” That’s what I asked myself.

One of the hardest things to do is to change an established viewpoint on a product. Changing one’s opinion on religious, cultish, or illiberal propaganda that’s threatening our democracy, our children’s health, and women, all deviously packaged as a civil right issue, is even harder. It’s dangerous work, but someone has got to do it. 

The LGBTQ movement has too much power, and no one questions them. How have we allowed a generation of children to be mutilated because of it? They’re embraced as the white horse right now, doing no wrong, but the truth will come out. Parents are slowly waking up to the madness with which the media handles the subject, taking notice, for example, of New York Times writers discussing breast binders and the irreversible damage done to young women’s bodies with the divine righteousness of a Chinese footbinder. 

On that day in New York, it all came together for me. The pain I had endured suddenly meant something remarkable; it gave me a weapon I have honed my entire life. It all brought me to that moment where I could help people understand that what we are doing to children is very wrong. The pain and loss gave me the perfect emotional ball to change people that day who needed to be changed. 

As the cameras began to wind down, a sudden rush came over me, and I knew I had done it right; I had conveyed the emotions that were so deeply within me. As the camera lights turned off, I could no longer control it or hide from it, and I lost it. I burst into tears without warning. My hands covered my face like I was trying to push the tears back inside. 

I had just delivered a speech of the most potent kind. A lesson that you not only believe in, but one you would die for. That was how I felt, and I hadn’t realized how important it was to me. At that moment, though, I realized. 

I knew I could change people, but I didn’t know if I had the heart. I proved to myself on that day, however, that, indeed, I did have the heart. My three hearts were waiting for me back at the hotel room, unable to leave the room, knowing that I needed to see all three of them – and I did need the three that meant everything to me, in the same way your children mean everything to you.

What I learned from this experience is that human beings can be convinced of anything if rendered at the right time, the right way, and by the right people, and I am no exception. 

Don’t believe me? Currently, society believes that a child confused about their gender and expressing  suicidal ideation is a prime candidate for medical transition – that’s proof enough.

Scott Newgent is an author, activist and founder of trevoices.org, which advocates for the end of childhood gender transitioning.

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‘Friends’ Star Lisa Kudrow Says The Show Had ‘No Business’ Adding Storylines About ‘Being A Person Of Color’

Actress Lisa Kudrow says it’s actually a good thing that “Friends” didn’t have many black people as part of the cast. The 59-year-old actress made these statements during a recent interview with The Daily Beast. “Well, I feel like it was a show created by two people who went to Brandeis and wrote about their …

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Actress Lisa Kudrow says it’s actually a good thing that “Friends” didn’t have many black people as part of the cast.

The 59-year-old actress made these statements during a recent interview with The Daily Beast. “Well, I feel like it was a show created by two people who went to Brandeis and wrote about their lives after college,” Kudrow said. 

“And for shows especially, when it’s going to be a comedy that’s character-driven, you write what you know. They have no business writing stories about the experiences of being a person of color,” she continued. “I think at that time, the big problem that I was seeing was, ‘Where’s the apprenticeship?’”

The Emmy Award-winning sitcom, which aired from 1994 to 2004, has come under fire lately for its lack of diversity in casting. Series co-creator Marta Kauffman feels so terrible about relegating black actors to bit parts that she pledged $4 million to Brandeis University to create a scholarship that would benefit black students specifically. 

“I’ve learned a lot in the last 20 years,” Kauffman told the Los Angeles Times. “Admitting and accepting guilt is not easy. It’s painful looking at yourself in the mirror. I’m embarrassed that I didn’t know better 25 years ago.”

“It took me a long time to begin to understand how I internalized systemic racism,” she told the university, as The Daily Wire originally reported. “I’ve been working really hard to become an ally, an anti-racist. And this seemed to me to be a way that I could participate in the conversation from a white woman’s perspective.”

Kauffman said she really started thinking about diversity after the death of George Floyd

“It was after what happened to George Floyd that I began to wrestle with my having bought into systemic racism in ways I was never aware of,” Kauffman told the LA Times. “That was really the moment that I began to examine the ways I had participated. I knew then I needed to course-correct.”

Kauffman also apologized for the treatment of Chandler’s father, who was transgender. 

“We kept referring to [Helena] as ‘Chandler’s father,’ even though Chandler’s father was trans,” Kauffman said. “Pronouns were not yet something that I understood, so we didn’t refer to that character as ‘she.’ That was a mistake.”

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