“This is what happens when you allow people to manage your money based on woke principles instead of on their actual skill and competence.
“I hope the depositors at this failed bank enjoy all of that diversity, because diversity is your strength, eh?”
He signed off the post: “Get woke, go broke”
“Head of Financial Risk at SVB Jay Ersapah might’ve been busy with more important projects at the bank, such as LGBTQ issues, rather than assessing risk.” – Twitter user below
Head of Financial Risk at SVB Jay Ersapah might’ve been busy with more important projects at the bank, such as LGBTQ issues, rather than assessing risk $SIVB pic.twitter.com/LTYWph50Uc
— The_Real_Fly (@The_Real_Fly) March 10, 2023
To be clear, this WOKENESS was not the direct cause of their crash, their focus should have been on the bank and not wokeness. Their off focus could have led to poor decisions on their part.
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