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Andy Biggs

The Wall Street Journal Thinks Silicon Valley Bank Woked Itself Into Bankruptcy

Silicon Valley Bank was the second-largest failure in U.S. history, but one WSJ columnist seems to think that having a minority of board members made up of minorities somehow played a part in its collapsed.Photo: Justin Sullivan (Getty Images)Another bank fails, and the anti-regulation apologists are quick to follow. Tech startup darling Silicon Valley Bank’s utter collapse this past week and the U.S. government’s quick bailout was one for the record books, but one Wall Street Journal writer seems to think that SVB was