'Anti-woke' bank founded by Kelly Loeffler and GOP strategist goes bust: report (Raw Story)

[ificandream]

By Matthew Chapman

On Wednesday, the Atlanta Journal-Constitution reported that an "anti-woke" bank founded by a longtime Republican campaign strategist and a former Republican senator from Georgia had gone bust.

Nick Ayers, who previously served as chief of staff to former Vice President Mike Pence and helped advise the failed election-denialist primary challenge by former Georgia Sen. David Perdue against Gov. Brian Kemp, founded the bank, GloriFi, in large part with money from former Georgia Sen. Kelly Loeffler.

"Earlier this week, the Wall Street Journal reported that GloriFi, the 'anti-woke' bank that Ayers co-founded, has laid off most of its employees and is set to shut down," said the report. "The Journal first reported about many GloriFi’s troubles last month, and noted that one of the deep-pocketed investors in the venture was former U.S. Sen. Kelly Loeffler."

GloriFi, which was based in Texas, reportedly ran out of money, as a funding deal they were hoping would keep them solvent through the first quarter failed.

Read more: https://www.rawstory.com/anti-woke/

(I hope that took some of Marjorie "Horse Face" Greene's money with it.)

[tanyev]

1. There's a reason all those "woke" things like regulations exist.

Idjits.

[emulatorloo]

2. What dumb marketing idea.

[The_Casual_Observer]

3. If it involves right wing media people it's bound to be a scam.

[Cha]

4. Aww

[comradebillyboy]

5. Do "woke banks" even exist?

[republianmushroom]

6. Tsk Tsk

[OldBaldy1701E]

7. I hope that as well. (n/t)

[yankee87]

8. How much was grifted?

How much was grifted before it went under? Everything the Reich Wing does is for the grift.

[Eugene]

9. Especially when Candace Owens is behind it.

Peter Thiel was a big backer. How much did she take him for?