Excerpts from Frontpage Magazine
“Silicon Valley Bank spent billions on green energy, millions on Black Lives Matter and other leftist causes, until it finally ran out of ‘other people’s money’.
“That’s when the Biden administration decided to bail out its depositors.
“SVB was the embodiment of Environmental, Social, and Governance or ESG investing which prioritizes leftist politics over profitability.”
“While SVB focused on “climate change” and “diversity”, it ignored rising interest rates. The woke bank was too busy with its politics to deal with the math.”
“Americans can’t afford food, but leftist and Chinese companies get bailed out.”
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