Birdwatch Archive

Birdwatch Note Rating

2023-03-11 17:18:08 UTC - HELPFUL

Rated by Participant: 1A10C6D834D1B5733351CF3C74052DC705348194CAC74A352889AB717574A144
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

Original Tweet

All Information

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