Highlights:\xa0
\u25cf\xa0\xa0\xa0\xa0\xa0 \u201cIt\u2019s being more and more reported that SVB executives appeared far more concerned about pushing woke ideology like LGBTQ programs, including a \u2018safe space\u2019 for coming out stories than they were managing their client\u2019s assets.\u201d
\u25cf\xa0\xa0\xa0\xa0\xa0 \u201cThere IS NO market for wokeness, wokeness is forced on the market, and consumers rebel by going elsewhere. And that\u2019s exactly what appears to have happened to Silicon Valley Bank.\u201d
\u25cf\xa0\xa0\xa0\xa0\xa0 \u201cThe $5 billion that they gave to woke green causes could have easily served to even out their balance sheet! In other words, the woke idiots at SVB were more worried about a supposed healthier planet than they were about a healthier balance sheet!\u201d
\u25cf\xa0\xa0\xa0\xa0\xa0 \u201cThe question is increasingly being raised whether banks or investment companies or pension fund holders or insurance companies can continue to promote this woke nonsense while still upholding what\u2019s called their fiduciary duty.\u201d
\xa0
Timestamps:\xa0\xa0
[01:51] What happened to Silicon Valley Bank
[03:42] On SVB\u2019s wokeness and how people are very concerned over it
[05:52] SVB\u2019s shameless shilling on ESG (environmental, social, and governance) policies and reports of Musk's openness to buying SVB
[09:03] Why woke investments are bad investments and why the collapse of SVB means the collapse or wokeness itself
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