Birdwatch Note Rating
2023-03-11 17:32:16 UTC - NOT_HELPFUL
Rated by Participant: 315046F152AF8280D54473F7FBD31897AC05369971A0BE954A1E55C32CF81785
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