Obama official, Hillary donors, improv actor: Meet SVB’s board of directors

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Among the 12 directors who were supposed to oversee fallen Silicon Valley Bank — and prevent the catastrophic errors on Friday threw the entire banking system into jeopardy — there’s only one…

One is a Hillary Clinton mega-donor who went to a Shinto shrine to pray after Donald Trump won the White House. Another worked for President Obama before her own political career spectacularly failed. A third is a prolific contributor to Democrats, including Nancy Pelosi — who owns a Napa Valley vineyard just 15 minutes from his.— and prevent the catastrophic errors on Friday threw the entire banking system into jeopardy — might not be household names.

They donated to Obama, Biden and Hillary Clinton, and to local Democrat Congressional reps including Pelosi — as well as political action committees for Senate Majority Leader Chuck Schumer and Mark Warner, a longtime member of the powerful Senate banking committee. A veteran venture capitalist who co-founded Scale Venture Partners, Mitchell has been on the SVB board since 2010.

And despite the largest failure of corporate governance at a bank since the 2008 crisis, Mitchell advises theBoard member Elizabeth “Busy” Burr splits executive success — she’s now the interim CEO of RiteAid after Heyward Donigan exited in January — with a rare hobby: improvisational theater.

 

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The more that comes out about SVBBank the worse it gets

Improv is more of a disaster than the crash

Too bad they didn't have anyone in charge of risk management

The masses are the asses, no doubt. Dems don’t steal, 😂.

mrddmia 🤔👇🏼

are we really doing this

ezralevant It’s NOT a bailout!

Well well well who would have guessed

Clown Show

that’s reaching 🤣

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