Birdwatch Archive

Birdwatch Note Rating

2023-03-11 17:13:26 UTC - HELPFUL

Rated by Participant: 5ED473EB88C66D719B581BBA99F702D8C88D7E249B9FBFF9BF8EA1B09E37842A
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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