Birdwatch Note Rating
2023-03-11 23:30:13 UTC - NOT_HELPFUL
Rated by Participant: 30833F2F9A2240CE25D472E386A69F8AE9F6BE9A4C08766D38DB48B77897BF12
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