As the U.S. government swooped in to not-bail out Silicon Valley Bank, many on the right suspected they had found the culprit behind the bank’s collapse: diversity.California regulators took over SVB, a major tech startup lender, on Friday after customers began withdrawing their money from the bank en masse. Just two days earlier, as funds dwindled due to high interest rates and low investments, SVB had sold securities at a nearly $2 billion loss and then failed to recoup its losses.The reasons for the bank’s collapse are well-known and widely acknowledged, but that hasn’t stopped right-wingers from pointing their fingers at another specter.“In its proxy statement, SVB notes that besides 91%
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