I'm John Batch who is my colleague, Charles Gasparino.

His new book, Go Woke, Go Broke, is the story of these last, maybe more than a dozen years

of what is called woke capitalism.

It has a lot of acronyms.

The inside story of the radicalization of corporate America.

But we come to a point where woke capitalism is still out there.

It's still being practiced at the human resources level.

Questions are still being asked of employees, all of that.

But there seems to be no longer a surge of it.

There's backpedaling.

And Charlie goes through some of the backpedalers.

Why?

Because they lost money.

BlackRock down with $14 billion of withdrawals.

You mentioned a IS shares of global energy down 27% when everything else is doing well.

And Larry Fink, recognizing that ESG wasn't the best idea for him to gain success forever.

And so he's backed off and become something of a moderate.

But this is a list that got me, Charlie.

Goldman is discontinuing or at least cutting back on diversity programs. Ken Griffin goes to Florida.

David Solomon of Goldman is thinking about Texas. Am I over interpreting these things?

It looks like they're abandoning ESG.

They are.

...