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SVB had NO head of 'risk assessment' for nine months before it collapsed... as woke boss for Europe, Middle East and Africa was busy organizing a month-long Pride campaign and a 'Lesbian Visibility Day'
Daily Mail ^ | 11 March 2023 | Helena Kelly

Posted on 03/13/2023 1:09:09 PM PDT by grundle

click here to read article


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1 posted on 03/13/2023 1:09:09 PM PDT by grundle
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To: grundle

First lawsuit already filed against Becker and his CFO.

Hope they enjoy being bankrupted for allowing this mentally ill whack job torch their “bank” and bring the US / World banking system to its knees.


2 posted on 03/13/2023 1:12:12 PM PDT by Regulator (It's fraud, Jiim)
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To: grundle

Hey, screw prudence. SVB supported lesbianism!


3 posted on 03/13/2023 1:16:35 PM PDT by Kaiser8408a (z)
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To: grundle

Well....there....you....go.


4 posted on 03/13/2023 1:17:40 PM PDT by Dave911
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To: Regulator

It was already on its knees and on its way to the graveyard..Making way for Fedcoin!


5 posted on 03/13/2023 1:17:40 PM PDT by dpetty121263
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To: grundle

“Everything woke turns to shit”

-President Donald Trump

So right. I can only think of one, maybe two, times he was wrong and that was because he was misled by scummy Marxists or rinos.


6 posted on 03/13/2023 1:17:50 PM PDT by Boomer (The biden regime / identity politics is a clear and present threat to this constitutional republic.)
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To: grundle

Since I work in Risk Management for large banks, this will probably be helpful career-wise but damn. What a cluster....


7 posted on 03/13/2023 1:19:23 PM PDT by FLT-bird
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To: grundle

“The Woke Lesbian of Color Who Did Not Hedge”
(An Interest-Rate Risk Mystery Thriller)

Sounds like an NYT best-seller.

She will write a book about this shambles and make a few millions. When she should be in Jail.


8 posted on 03/13/2023 1:19:50 PM PDT by FlyingEagle
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To: grundle

How visible should a lesbian be?


9 posted on 03/13/2023 1:21:29 PM PDT by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: FlyingEagle

Big Pelosi donor no doubt.


10 posted on 03/13/2023 1:22:14 PM PDT by bray (Order at TheRepublicofTexas.store)
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To: grundle

Get woke. Go broke......................


11 posted on 03/13/2023 1:24:53 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: grundle

Watch where you put your investments, luckily those who are heavily invested are as woke as they are and they go down with the ship, enjoy


12 posted on 03/13/2023 1:26:36 PM PDT by ronnie raygun
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To: grundle
Head of Risk stands accused of prioritizing pro-diversity initiatives over her actual role.

Think any of these woke corporations or banks will learn from this?

Probably not.

They'll allow bankruptcies and collapses and continue to prioritize their ESG and DEI agendas going forward.

The issue is never the issue. The Revolution is the issue.

13 posted on 03/13/2023 1:26:42 PM PDT by Bon of Babble (What did Socialists use before Candles?..... Electricity)
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To: grundle

“sidebarabuse”? This is one of the biggest stories of the year, and how it happened is part of the story. This is indeed “front page news”

So as far as the article, the company was obviously run stupidly. Stupid decisions lead to consequences. This takes “Get woke, go broke” to a whole new level.


14 posted on 03/13/2023 1:27:45 PM PDT by Republican Wildcat
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To: grundle

Obviously Trump’s fault


15 posted on 03/13/2023 1:32:30 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: chajin

More visible than a risk assessment manager...

Hire WOKE - Go Broke...


16 posted on 03/13/2023 1:38:34 PM PDT by GOPJ (The few sowed the wind, and the many reaped their whirlwind. - Victor Davis Hanson)
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To: grundle

“…while the operation’s United Kingdom-based Head of Risk stands accused of prioritizing pro-diversity initiatives over her actual role.“

For deviants sex come first. It’s not a facet of their lives it IS their life.


17 posted on 03/13/2023 1:41:46 PM PDT by TalBlack (We have a Christian duty and a patriotic duty. God help us.)
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To: grundle

You know, if you want to do this DIE stupidity along with you regular business that is one thing but instead? That is a whole new level of stupid.


18 posted on 03/13/2023 2:09:40 PM PDT by Harmless Teddy Bear (The nation of france was named after a hedgehog... The hedgehog's name was Kevin... Don't ask)
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To: Kaiser8408a

Let me guess. Is Lesbian Visibility Day the time when all the lesbians come to work in their birthday suits and parade yhrought the building in the altogether?


19 posted on 03/13/2023 2:21:06 PM PDT by .44 Special (Taimid Buacharch)
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To: Bon of Babble

Think any of these woke corporations or banks will learn from this?

Probably not.

**************

Think any state/federal oversight agencies will learn from this?

Probably not.


20 posted on 03/13/2023 2:25:43 PM PDT by Starboard
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