https://www.vice.com/en_us/article/xgwq9a/wsj-wonders-did-silicon-valley-bank-die-because-one-black-person-was-on-its-board

Did Silicon Valley Bank implode because one (1) of its 11 board members is Black? Or because one (1) of those 11 board members is LGBTQ+? One of the nation’s most prominent economic columnists is wondering.

In a column for the Wall Street Journal, Andy Kessler writes: “SVB notes that besides 91 percent of their board being independent and 45 percent women, they also have ‘1 Black,’ ‘1 LGBTQ+,’ and ‘2 Veterans.’ I’m not saying 12 white men would have avoided this mess, but the company may have been distracted by diversity demands.”