Birdwatch Note Rating
2023-03-11 18:13:28 UTC - NOT_HELPFUL
Rated by Participant: 30AB714E999466672F656730FF39B6D1B5DFD1497213F16FCC937F7C42274545
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