Birdwatch Note Rating
2023-03-11 16:51:28 UTC - NOT_HELPFUL
Rated by Participant: 09809E67A5E749510E0980130501C28CF799283DFFFF2E184E96C1F0798AB876
Participant Details
Original Note:
Silicon Valley Bank collapsed due to excessive customer withdrawals, or a "run on the bank", due rising interest rates from The Fed and decreased risk tolerance from investors. No one besides Mr. Kirk, including the bank or regulators, are saying DEI efforts caused this. https://www.reuters.com/business/finance/what-caused-silicon-valley-banks-failure-2023-03-10/ https://www.theguardian.com/us-news/2023/mar/10/silicon-valley-bank-collapse-explainer
All Note Details