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kpete

(71,963 posts)
Thu Mar 16, 2023, 08:20 AM Mar 2023

A Quick Look at the Lying Trumpist Liars Behind that Database on Corporate Giving to "BLM"

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According to stories bursting across the right-wing mediasphere today, a key reason for the collapse of Silicon Valley Bank (SVB) was its focus on spreading “woke culture” rather than efficiently managing risk and profits. Ground zero for this is the allegation that SVB had donated over $73 million to the “BLM Movement & Related Causes.” That struck me as quite a lot of money for a single company, even a large and profitable one, to give to any cause or even all causes. So I tried to find out where this factoid came from and rapidly found my way to a Trumpist think tank. Perhaps not surprisingly, it’s a complete lie. I want to show you the receipts, but first some key details.

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This is a good investigation and debunking:
https://talkingpointsmemo.com/edblog/a-quick-look-at-the-lying-trumpist-liars-behind-that-database-on-corprate-giving-to-blm

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