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Andy Kessler, who had a long career in finance before joining the Journal as a columnist, wrote on Monday that a number of reasons could have led to the bank's collapse.
Both banks and consumers have less incentive to be cautious with their money if they can plausibly assume that the government will step in and save them from any mistakes.
Silicon Valley Bank had an A rating for its Environmental, Social and Governance policies as it increased diversity and invested in sustainability startups.
If you were thinking that SVB collapsed because of greed or deregulation, conservatives are quick to blame the one Black and LGBTQ+ members of the bank's board.
Republicans like Florida Gov. Ron DeSantis, Rep. James Comer and Rep. Marjorie Taylor Greene are blaming "woke banks" without any evidence.