What's wrong with this picture?

On Tuesday, March 7, I attended an H.R. meeting at the Metropolitan Club in Manhattan. The meeting was sponsored by the prestigious British magazine The Economist. I didn't notice the cover of the binder until the following day and I am surprised no one said anything in the meeting. Look closely at the graphics. Remember, this is for an Human Resources Roundtable with representatives from Fortune 500 companies such as Alcoa, Cadbury Schwepps, and KPMG.

Any comments?