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+, DEI (Diversity, Equity, Inclusion), ESG (Environmental, Social, and Governance) and climate change. In fa...

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