Birdwatch Note Rating
2023-03-11 17:32:16 UTC - NOT_HELPFUL
Rated by Participant: D92197146BA0EAA888F9D37C8E1E13476FB5FE5480BBAED18510182CBCE74C3D
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