by Steve Watson, Summit News:
“This is a circus not a bank”
After New York state regulators shut down Signature Bank Sunday, a series of woke videos produced by the company has gone viral, with critics noting it’s no wonder the bank went under if this was what they were concentrating on.
Grit Capital founder Genevieve Roch-Decter shared the videos, asking “Is it surprising that Signature Bank failed?”
TRUTH LIVES on at https://sgtreport.tv/
“Their executive team spent millions of dollars to produce music videos & TV shows about themselves,” she continued, adding “Try not to cringe as you watch this.”
Is it surprising that Signature Bank failed?
Their executive team spent millions of dollars to produce music videos & TV shows about themselves
Try not to cringe as you watch this: pic.twitter.com/16K70FQq5o
— Genevieve Roch-Decter, CFA (@GRDecter) March 13, 2023
Roch-Decter also noted that a source from inside the bank told her the management were like something out of the TV show The Office:
From someone I know who worked at Signature Bank for several years:
“The Management Team was basically like the show, the Office. They’d waste money on things like producing parody videos.”
— Genevieve Roch-Decter, CFA (@GRDecter) March 13, 2023