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   mekka okereke :verified: (mekkaokereke@hachyderm.io)'s status on Tuesday, 14-Mar-2023 10:27:50 JST mekka okereke :verified:

   I love how Silicon Valley Bank is being portrayed as a "woke" bank, and their failure is blamed on being too woke.?

   There is absolutely nothing that the US won't try to blame on Black folk.

   Less than 2% of VC money even goes to Black folk. By assets, it was an anti-woke bank.

   Black. Woke means Black.

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     mekka okereke :verified: (mekkaokereke@hachyderm.io)'s status on Tuesday, 14-Mar-2023 10:27:50 JST mekka okereke :verified:

     in reply to

     I'm not being hyperbolic. This was literally the bank that the most anti-woke people used. The people that write anti-woke books like this.

     Black folk weren't architects of either the hedging strategy or the bank run.

     Don't bank run on your own bank, then try to blame it on us.

     I'm not saying that Black folk didn't care about the Venture Capital money in Silicon Valley Bank. I'm just saying that we probably cared about it ~98% less than the rest of y'all. ??♂️

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     Jill duh (gilda@mastodon.world)'s status on Tuesday, 14-Mar-2023 21:58:17 JST Jill duh

     in reply to

     @mekkaokereke I swear I heard a caller on Thom Hartman that said 'these idiots think diversifying funds is "DEI" and not how you invest in a diverse type of investments to secure your funds'

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     Mathias, a walfdog ❄️🐺 :pansexual_flag: (mathias@pawb.fun)'s status on Tuesday, 14-Mar-2023 21:59:05 JST Mathias, a walfdog ❄️🐺 :pansexual_flag:

     in reply to

     @mekkaokereke They're trying to throw us queer folks under the bus too, for good measure. Fuck these racist-ass, bigot-ass motherfuckers. I'm so sick of it. I'm so sick of reading the words "woke" and "diversity hire" in these opinion pieces, in comments sections... everywhere. It makes my fucking blood boil. And a national paper has the audacity to publish some fool saying "I'm not saying white people would have done this better but"? Fucked. It's all fucked.

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     Antonio Yon (antonioyon@mastodon.social)'s status on Tuesday, 14-Mar-2023 22:02:08 JST Antonio Yon

     in reply to

     @mekkaokereke The woke bank accusation revolves around the “diversity” of their board, not their portfolio. With the implicit rationalization that 12 white men would not have fumbled this way.

     Unlike all the other failed banks that _did_ have 12 white men on their board.

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     mekka okereke :verified: (mekkaokereke@hachyderm.io)'s status on Tuesday, 14-Mar-2023 22:02:10 JST mekka okereke :verified:

     in reply to

     • acm

     @acm_redfox

     Newsmax, Fox, Wall Street Journal, tons of alt-right agitators on Twitter... basically all the racists are trying to find a way to blame this on Black folk. As they always do.

     It's just extra funny in this case, because we had literally nothing to do with this at all.

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     acm (acm_redfox@jawns.club)'s status on Tuesday, 14-Mar-2023 22:02:11 JST acm

     in reply to

     @mekkaokereke is it the US or the GOP placing blame that way??

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     La Négresse (lanegressecanadienne@mstdn.ca)'s status on Tuesday, 14-Mar-2023 22:02:17 JST La Négresse

     in reply to

     @mekkaokereke
     Blaming bank failures on Black Americans reads straight from the Nazi Germany playbook that blamed Jewish Germans for the collapse of the Weimar Republic.

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     Joelle (joelle@social.joelle.us)'s status on Tuesday, 14-Mar-2023 22:09:18 JST Joelle

     in reply to

     @mekkaokereke
     By my count, zero Black-owned banks were shut down by the FDIC in the last week.

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