W$J: ‘White, Like Me’

The W$J is totally saying 12 angry, er, white dudes would have avoided this mess at Silicon Valley Bank.

So let’s say straight White Dude Andy Kessler (the author of the editorial) is right then with one Black the board was still 92% White, which is pretty damn white. Or 92% straight, so still pretty straight.

And while I don’t know this for a fact, I will go out on a limb and say that the run on the bank was probably Straight White Dudes, you know, panicking. I think that was much more the problem than the demographics of the board.

Just sayin’.



This entry was posted in Bankster Bastards, Bastards, Our Failed Political Press, racism, Rat Bastards, Wall St. Journal, White Punks on Dope. Bookmark the permalink.

10 Responses to W$J: ‘White, Like Me’

  1. Ellis Weiner says:

    I’m sure that by “distracted by diversity demands” he means “unwisely put most of its assets into long-term government bonds,” which was the actual cause of the failure.

    Liked by 2 people

  2. gruaud says:

    Sounds like Andy Kessler has gone full DILBERT.

    Liked by 1 person

  3. w3ski4me says:

    Those bankers have a lot of words they use to avoid saying Greedy.

    Liked by 2 people

    • Or a lot of words they use to avoid blaming techbro VC’s who [checks notes] were the people responsible for the run on the bank.

      Or the fact that the person who was in charge of risk management cashed out $4 million of stock in Dec 2021 and who left the company in April 2022, and wasn’t replaced until this January.

      I am with TG, we need to know who shorted SVB [cough peter thiel cough]

      Also to paraphrase K in “MiB”:

      A person techbro is smart, People Techbros are dumb panicky animals.

      Finally a bank with a quarter trillion dollars in deposits has no fucking business being exempted from regulations, as the smart woman (Senator Professor Warren) said when Congress did it…

      Liked by 2 people

  4. MDavis says:

    Found this in an article pulled from Business Insider, and I have a question:

    The “Economic Growth, Regulatory Relief, and Consumer Protection Act” was a package of banking reforms that weakened aspects of the Dodd-Frank Act, a series of new regulations instituted in the wake of the 2008 financial crisis.
    In particular, the legislation raised the threshold at which a bank is deemed “too big to fail” from $50 billion in assets to $250 billion, subjecting banks under that threshold to less regulatory scrutiny.

    How can you call something like this a “reform”? Since it is going backwards, wouldn’t it be a banking “deform”? (see: evolution vs. devolution)

    Liked by 3 people

  5. roket says:

    Dude has obviously never had diversity training. But of course since he’s an unwoker it probably would be a complete waste of time anyway.

    Liked by 2 people

  6. Mallard Filmore says:

    I heard this on a YouTube video yesterday …
    We should go back to the time when White Males ran the whole financial industry. Yes, back to the era known as The Great Depression.

    Liked by 3 people


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