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  • Did 'woke' investments cause Silicon Valley Bank's collapse?

    Mar 14, 2023 11:15 am by PolitiFactIllinois in the News
    A Silicon Valley Bank customer meets the press March 13, 2023, after exiting the bank’s headquarters in Santa Clara, Calif. (AP)

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    • A Silicon Valley Bank customer meets the press March 13, 2023, after exiting the bank’s headquarters in Santa Clara, Calif. (AP)

    PolitiFact (March 13) U of I business law expert Robert Lawless says 'wokeness' didn’t cause the bank’s collapse. 'It had nothing to do with it. It’s like saying, "Why isn’t ‘blue’ the answer to ‘one plus one’?" It’s Banking 101. That’s what was going on.'