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Bernie Marcus: ‘Woke’ Silicon Valley Bank Was ‘More Concerned About Global Warming than Shareholder Returns’
Breitbart ^ | 12 Mar 2023 | PAM KEY

Posted on 03/12/2023 6:50:01 PM PDT by E. Pluribus Unum

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1 posted on 03/12/2023 6:50:01 PM PDT by E. Pluribus Unum
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To: E. Pluribus Unum

If we split up the country libtards will go broke in nothing flat and could easily be enslaved for our enjoyment And entertainment

It’s just a thought ….


2 posted on 03/12/2023 6:53:57 PM PDT by NWFree (Somebody has to say it 🤪)
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To: E. Pluribus Unum

Get woke Go Broke.


3 posted on 03/12/2023 6:56:04 PM PDT by tennmountainman ( Less Lindell CONS, More AZ Style Audits)
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To: E. Pluribus Unum

Go woke, go broke.

Was NOBODY at SVB even listening?


4 posted on 03/12/2023 6:57:04 PM PDT by alloysteel (Why do you call everybody "@sshole"? Because it is gender neutral.)
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To: E. Pluribus Unum

This reminds me...
Gotta send a letter to hershey...
Gonna do the same thing to them that I did to gillette, target, penneys, etc.

Get woke, go broke


5 posted on 03/12/2023 7:01:39 PM PDT by joe fonebone (And the people said NO! The End)
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To: E. Pluribus Unum

What about all of the states and cities getting woke stupid with pension funds. Tip of the iceberg.


6 posted on 03/12/2023 7:04:01 PM PDT by hardspunned (Former DC GOP globalist stooge)
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To: hardspunned

Wokists need to provide reparations to MAGA.

Yugely, big time.


7 posted on 03/12/2023 7:06:19 PM PDT by Paladin2
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To: E. Pluribus Unum

Rather than some ideas and shareholder returns, shouldn’t the bank be worried about its customers?

I guess Marcus is a disciple of the Jack Welch school of running a business.


8 posted on 03/12/2023 7:08:58 PM PDT by qaz123
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To: E. Pluribus Unum

Yellen is going to bail out the bank.
If it were the “little” people’s money it would be gone gone gone.

What will happen is they will print more money and cause more inflation and more rate hikes to cover rich people money again at everyone else’s expense.

Oprah who would have lost $590 million must have made a phone call.

FDIC Will Protect All Silicon Valley Bank Deposits After Sudden Collapse, Treasury Says
https://www.forbes.com/sites/marisadellatto/2023/03/12/fdic-will-protect-all-silicon-valley-bank-deposits-after-sudden-collapse-treasury-says/?sh=1bbfa272216c


9 posted on 03/12/2023 7:17:15 PM PDT by minnesota_bound (Need more money to buy everything now)
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To: alloysteel

“Everything woke turn to chit”

-Donald J. Trump, Aug. 21, 2021, Cullman, Alabama.


10 posted on 03/12/2023 7:19:26 PM PDT by packagingguy
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To: E. Pluribus Unum

I suspect a bank should be managed to try to get a 3% annual return on its deposit base.

There was a 3-6-3 rule for savings & loans in my youth: pay depositors 3%, charge 6% on mortgages, and hit the golf course at 3pm.


11 posted on 03/12/2023 7:23:14 PM PDT by Brian Griffin
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To: All

Well, on the bright side, They may not have cared about shareholder returns and stole nearly everything from their depositors, but at least they paid themselves huge bonuses hours before they collapsed.


12 posted on 03/12/2023 7:24:10 PM PDT by LegendHasIt
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To: hardspunned

Government pension underfunding is massive.


13 posted on 03/12/2023 7:25:09 PM PDT by Brian Griffin
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To: LegendHasIt

likely to get clawed back


14 posted on 03/12/2023 7:26:10 PM PDT by Brian Griffin
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To: NWFree
If we split up the country libtards will go broke in nothing flat and could easily be enslaved for our enjoyment And entertainment

There are some that I think are fine with being enslaved. They are just too ignorant that they are enslaved to government. Anyone who works and makes a decent salary is enslaved to government for half the year. What the difference being enslaved for our enjoyment? It’s one master or another. I know my slaves will be well cared for, happy and singing the day away.

So a Racist

Would Say!


15 posted on 03/12/2023 7:27:53 PM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
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To: E. Pluribus Unum

If you need help from Team Biden it helps to put on donkey ears.


16 posted on 03/12/2023 7:28:23 PM PDT by Brian Griffin
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To: E. Pluribus Unum

You can’t fix stupid. Education won’t fix it. Money won’t fix it. Nothing can fix it.


17 posted on 03/12/2023 7:33:17 PM PDT by Savage Beast (If America is drawn into another war...it will be because of...human ostriches ~Espionage Agent 1939)
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To: qaz123

Technically, the purpose of any business should be to maximize returns for its owners (i.e. shareholders). Obviously, serving the customers well over time can be an important part of that equation.


18 posted on 03/12/2023 7:39:04 PM PDT by Codeflier (My voting days are over. Let it burn...give the people what they want good and hard.)
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To: tennmountainman

Go with Biden, get a hidin’


19 posted on 03/12/2023 7:52:10 PM PDT by TigersEye (Woke is a cancer of the mind and humanity)
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To: E. Pluribus Unum

Perfect example of what ESG will do to your investments....


20 posted on 03/12/2023 8:37:56 PM PDT by Hambone 1934 (Dems love playing Nazis.....The republicans love helping them)
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