Birdwatch Note Rating
2023-03-11 04:05:02 UTC - NOT_HELPFUL
Rated by Participant: CEA341683A55DEE563E5A195A5184DC2C3E2CD20C8CE1BA9CC253B6277065861
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