Birdwatch Note Rating
2023-03-11 02:58:24 UTC - NOT_HELPFUL
Rated by Participant: F713512AC9CC0E6E062ED11365C369D8C995257676E85A6C54A7084C5373F0B7
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