by Kyle Becker, Becker News:
Silicon Valley Bank, the Woke bank that went belly up, only to be seized and shuttered by the Feds, was a major donor to the discredited activist group “Black Lives Matter.”
On Friday, SVB became the second-largest bank in U.S. history to tank. The Federal Deposit Insurance Corporation closed its doors, exposing numerous business depositors to risk of insolvent funds.
However, the U.S. government has since stepped in to back billion’s of the banks deposits. Treasury Secretary Janet Yellen and President Joe Biden have avoided invoking the loaded term “bailout.”