SVB Goes Broke Because It Got Woke. ๐๐คจ๐๐๐๐ณ
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1 year ago
12
Amazing. Incredible. Absolutely stupid. Jay Ersapah, the head of risk management of Silicone Valley Bank, had a fiduciary duty to the shareholders. She however was more focused on Woke policies. Because of her sheer neglect of her obligation, SVB has gone under. I would not be surprised if lawsuits start happening.
Here's the article from New York Post that we used.
https://nypost.com/2023/03/11/silicon-valley-bank-pushed-woke-programs-ahead-of-collapse/
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