“Just like FTX, all the geniuses told you to buy SVB, even when it was on the brink of total collapse. What explains that? Surely something does, we don’t know really know at this point. Hopefully we will someday.
“What we can say tonight is that SVB, like the scammers at FTX, had quite the public relations department. Yes, because you want a bank that cares about carbon emissions.
“And of course, there’s endless posturing because it’s all free about diversity, equity, and inclusion. And they kept this crap up to the very end.
“As their bank began to slip beneath the waves, SVB posted this on the social media feeds. ‘As part of women’s history month, we’re celebrating women-led companies like Suma Wealth’s Beatriz Acevedo.’
“We know the guys at SVB were not capable bankers. Didn’t seem to spend a lot of time banking or paying close attention because they had videos to make about dynamic pioneering glass-ceiling-shattering women.” – Tucker Carlson, last night.