52 Silicon Valley Bank Pledged Nearly $74 Million To Black Lives Matter Causes - This is not unrelated to why their depositors got government bailouts. It’s a sort of protection racket. And it works. (twitter.com) posted 1 year ago by xleb2 1 year ago by xleb2 +53 / -1 4 comments share 4 comments share save hide report block hide replies
It should be illegal for banks to donate what is essentially other people's money. Maybe they can donate their profits if they retain enough money to cover every single cent of their customers' savings.