Buying too many Treasury bonds is extremely woke, obviously.
has splashed a story under the headline “While Silicon Valley Bank collapsed, top executive pushed ‘woke’ programs.” The article depicts a staffer in the bank’s U.K. office as the woke scapegoat for its financial woes:such as the company’s first month-long Pride campaign and a new blog emphasizing mental health awareness for LGBTQ+ youth.
“As a queer person of color and a first-generation immigrant from a working-class background, there were not many role models for me to ‘see’ growing up.” Kessler’s language is unclear, but there are two ways to interpret it. The first is that having one Black person and one nonheterosexual — plus two military veterans! — prevented the bank from noticing its financial risk, which would be an extremely stupid argument. The second is that taking the time to put this information in a proxy statement prevented the bank from noticing its financial risk, which would be even stupider.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese Propagandists Blame U.S. for Nord Stream ExplosionsChinese state media went absolutely berserk on Wednesday over a U.S. intelligence review that suggested a pro-Ukrainian group damaged the Nord Stream pipelines last year.
Read more »
Apple's current lineup of products is a mess - is Tim Cook to blame?Apple's CEO Tim Cook is recreating a problem he was able to solve more than 20 years ago: confusing product lineups.
Read more »
Liberals blame Trump for Silicon Valley Bank collapse citing 2018 bipartisan billLiberals took to social media to place blame on former President Trump after FDIC regulators shut down Silicon Valley Bank on Friday after it lost $2 billion.
Read more »
Treasury, FDIC to brief California lawmakers on SVB collapseU.S. Treasury and Federal Deposit Insurance Corp. (FDIC) officials plan to brief members of California's congressional delegation on the collapse of Silicon Valley Bank, Axios has learned.
Read more »
U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: ReportDuring an interview on March 12, Janet Yellen said that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout.
Read more »
Editorial: As we spring forward Sunday, blame Daylight Saving Time on crickets and cricketDaylight Saving Time makes no sense. It is an arbitrary, whimsical exercise in futility whose reasons for existing were based in myths and untruths.
Read more »