Basketball Commissioner Adam Silver was quick to punish Los Angeles Clippers owner Donald Sterling with a lifetime ban from the game and a $2.5 million fine for racist remarks that came to light in a recorded phone conversation between Sterling and his girlfriend. Contrary to the principles of inclusion “Sentiments of this kind are contrary to the principles of inclusion and respect that form the foundation of our diverse, multicultural and multi-ethnic league,” Silver said in a statement, noting that it didn’t matter whether Sterling’s views were expressed in private, “They are now public.” Heated remarks to girlfriend in phone…
NBA Hammers Owner Donald Sterling For Racist Comments
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.