Birdwatch Note Rating
2023-03-11 02:59:20 UTC - NOT_HELPFUL
Rated by Participant: 2EBF26F60F3A7E9005DA089FC61E341428510E1CA440226B1C2CB0CD463748D6
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