Mehrsa Baradaran Profile picture
Law Professor at UC Irvine School of Law and author of The Color of Money and How the Other Half Banks
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Mar 15, 2023 8 tweets 4 min read
Q's and takes on the SVB coverage thus far:

1. If I were pointing my blame finger, I'd be on Peter Thiel who seems not to understand how banks work. Yes, mistakes were made by bank management but a run is a killer (see George Bailey). If a company does bad things, it's fine to sell your shares. But if a bank does bad things and you tell people to go get their deposits, that is just dumb and bad.
Jul 27, 2022 5 tweets 1 min read
A thing that makes me angry is that:

W.E.B. Dubois is probably the best if not one of the best American intellectual of all the centuries during which he lived, which is 2 whole ones.

He was apparently so dangerous that the FBI took away his passport when he was OLD! And forbid him going to international conferences in his 90s. He should have been given all sorts of metals by the Presidents and an op-ed page or a whole department to run, but he was harrassed by the FBI and died in Ghana the day before the March on Washington...
May 18, 2022 5 tweets 1 min read
Quick thread about Elon's latest tweet and the thing Amber Heard just said: The judiciary has just begun unraveling this here democracy and there's no real check on their power. As to Elon musk....
Dec 31, 2019 8 tweets 2 min read
So I'm helping a kid I know with some college applications and I have some thoughts. My friend has a GPA of over 4.0 and a star in track and cross-country. She grew up Black in a white rural town in CA--oh and she's homeless. She's living with a friend's family. So I convince her to apply to some top colleges and offer to help her jump thru all the dumb financial and non-financial hoops. It occurs to me, after 10 or so applications in, that if you wanted to design a system to keep out poor kids, this one is probably your best bet
Aug 16, 2019 11 tweets 3 min read
This is such a petty and ugly sentiment. Whenever I talk about my book (about the black/white wealth gap), it's shocked me that the most vociferous outrage I get is from other people of color (I get gross/racist emails from white men too, but that's more troll-y so diff category) People think that if you are pointing out the unique injustice of slavery, Jim Crow, segregation, etc, then you are somehow diminishing what happened to other groups. And they get really mad.
Jul 31, 2019 13 tweets 2 min read
Here is my bitcoin/crypt thread: An analogy first: I know a bunch of ppl (mostly youngish tech ppl) who think that the best solution to climate change is.....Mars!