Get WOKE, etc. etc. etc. - SVB crash

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An interesting look from The New York Post:

While Silicon Valley Bank collapsed, top executive pushed ‘woke’ programs
A head of risk management at Silicon Valley Bank spent considerable time spearheading multiple “woke” LGBTQ+ programs, including a “safe space” for coming out stories, as the firm catapulted toward collapse.

Jay Ersapah, the boss of Financial Risk Management at SVB’s UK branch, launched initiatives such as the company’s first month-long Pride campaign and a new blog emphasizing mental health awareness for LGBTQ+ youth.

“The phrase ‘you can’t be what you can’t see’ resonates with me,’” Ersapah was quoted as saying on the company website.

“As a queer person of color and a first-generation immigrant from a working-class background, there were not many role models for me to ‘see’ growing up.”

Her efforts as the company’s European LGBTQIA+ Employee Resource Group co-chair earned her a spot on SVB’s “outstanding LGBT+ Role Model Lists 2022,” a list shared in a company post just four months before the bank was shut down by federal authorities over liquidity fears.

It is all well and good to pander to the current "protected class" but you need to remember that you are in business to make money.  Not make people feel good and to cater to their narcissism. I wonder if it will ever dawn on her what she did.

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This page contains a single entry by DaveH published on March 11, 2023 7:45 PM.

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