April 24, 2024

When Banks—and Other Institutions—Try to Change the World

The primary concern of the people who ran the Silicon Valley Bank—the bank that just went bust—was not banking. Nor was it making money for the bank’s shareholders or safeguarding the funds of its depositors. Their primary concern was social activism—LGBTQIA+; diversity, equity, and inclusion; environmental, social, and governance; and climate change. In fact, for […]

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