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Politics Have Already Entered the Boardroom

wsj.com

Phil Gramm and Mike Solon’s “Keep Politics Out of the Boardroom” (op-ed, July 19) criticizing the role of large index managers misrepresents State Street Global Advisors’ core investment mission. We engage with companies not to force arbitrary political or social “values” on them, but rather to promote long-term value for millions of investors saving for the future in a world that has become increasingly obsessed with the short term...

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