Critical Race Theory invades corporate America

Didn't even read that as I'm not a chump. Why would the head of EMEA be hiring the bank's CRO exactly?

From Fortune: SVB’s risk chief reports directly to a “Risk Committee,” which includes chairpersons of SVB’s Board and all the Board committees, in addition to the chief executive officer, according to filings from the company. The committee is responsible for hiring, evaluating and terminating the CRO, and as of 2023, was made up of seven members.

The Wall Street Journal has this explanation... I'm not really buying this one either.

 
The Wall Street Journal has this explanation... I'm not really buying this one either.


So I'll take it you agree that the article was pinning the tail in a big hurry to make the story about woke not banking deregulation.

I'd be very surprised if fundamentally it is very different to Warren's first take in saying the bank was enabled to "load up on risk" and was not actually acting as a bank bank. The rot is more widespread across banks we are sure to see and will be soon found in straight white greedy bastard banks as well as LGBTQWERTY ones. We won't know until the investigation shows where it went wrong.

I found this possibly informative however this is a time will tell situation. https://robertreich.substack.com/p/the-silicon-valley-bank-debacle
 
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The Wall Street Journal has this explanation... I'm not really buying this one either.

So I'll take it you agree that the article was pinning the tail in a big hurry to make the story about woke not banking deregulation.

I'd be very surprised if fundamentally it is very different to Warren's first take in saying the bank was enabled to "load up on risk" and was not actually acting as a bank bank. The rot is more widespread across banks we are sure to see and will be soon found in straight white greedy bastard banks as well as LGBTQWERTY ones. We won't know until the investigation shows where it went wrong.

I found this possibly informative however this is a time will tell situation. https://robertreich.substack.com/p/the-silicon-valley-bank-debacle
That take by the WSJ is one step away from saying only white men should run banks...


Which begs the question, why is GWB posting sources he "doesn't believe in" until forced to pivot by being called out in a thread meant to reinforce this narrative of "woke corporatism"?
 
What a bunch of nonsense. No one wants to hear this diversity critical race bull shit. Companies only talk about but not actually implement just to keep blacks quiet and hopeful. In the end, nothing happens.
 
Go woke, go broke, or not…

As I have been saying, these companies know exactly what they’re doing. Marketing campaigns are highly scrutinized before launching and it is rare a company will launch a campaign thinking that it will undermine profits.

It's gotten grocely cynical though not gonna lie:

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...Companies only talk about but not actually implement just to keep blacks quiet and hopeful. In the end, nothing happens.

What is it with you and blacks? It is what you always divide down into on the lowest denominator when talking about race. Blacks black black. Innercity thugs. Face it, you are racist.
 
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