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Florida pensions took a bath on 'woke' beer ... and Ron DeSantis wants revenge
(floridapolitics.com)
this post was submitted on 21 Jul 2023
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I believe any corporation that does not maximize profits for shareholders can be sued for dereliction of fiduciary duty. The problem here is that InBev was trying to maximize returns by promoting their beverage via a trans celebrity, which just happened to piss off bigots in the GOP. It was never about the losses to Florida's pension fund, which are minimal, (~$600k out of ~180billion.) I suspect DeSantis is just trying to scapegoat others for his mishandling of Florida's pensions and trying to vilify InBev for being inclusive, similar to what he tried with Disney.
I can only hope this will lead to corporations pulling support from the GOP.
Not to mention ImBev stock is still up over the year before. The stock market is a casino & the GOP doesn't have a leg to stand on. Fascist Ron DeSantis already knows this being a lawyer.