Birdwatch Note
2023-03-12 21:08:34 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
SVB took in tens of billions of dollars from its venture capital clients and then, confident that rates would stay steady, plowed that cash into longer-term bonds. The increasing interest rate caused their failure, not Peter Thiel. https://news.yahoo.com/svb-spectacularly-fails-unthinkable-heresy-222710493.html https://markets.businessinsider.com/news/stocks/silicon-valley-bank-failure-collapse-interest-rate-hikes-financial-risks-2023-3 Rep. Katie Porter (D-Calif.): https://thehill.com/homenews/sunday-talk-shows/3896422-porter-on-silicon-valley-bank-collapse-you-cant-bet-on-interest-rates-staying-low-forever/
Written by C378931E048482D2BFDF00DC95644D6377CBCB812C79FF87D77B5E48595B3DA3
Participant Details
Original Tweet
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All Information
- ID - 1635025010749235201
- noteId - 1635025010749235201
- participantId - C378931E048482D2BFDF00DC95644D6377CBCB812C79FF87D77B5E48595B3DA3
- noteAuthorParticipantId -
- createdAtMillis - 1678655314514
- tweetId - 1634394118833987586
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
- believable -
- harmful -
- validationDifficulty -
- misleadingOther - 0
- misleadingFactualError - 0
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- misleadingUnverifiedClaimAsFact - 1
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- trustworthySources - 1
- summary
- SVB took in tens of billions of dollars from its venture capital clients and then, confident that rates would stay steady, plowed that cash into longer-term bonds. The increasing interest rate caused their failure, not Peter Thiel. https://news.yahoo.com/svb-spectacularly-fails-unthinkable-heresy-222710493.html https://markets.businessinsider.com/news/stocks/silicon-valley-bank-failure-collapse-interest-rate-hikes-financial-risks-2023-3 Rep. Katie Porter (D-Calif.): https://thehill.com/homenews/sunday-talk-shows/3896422-porter-on-silicon-valley-bank-collapse-you-cant-bet-on-interest-rates-staying-low-forever/
Note Status History
| createdAt | timestampMillisOfFirstNonNMRStatus | firstNonNMRStatus | timestampMillisOfCurrentStatus | currentStatus | timestampMillisOfLatestNonNMRStatus | mostRecentNonNMRStatus | participantId |
| 2023-03-12 21:08:34 UTC (1678655314514) |
1969-12-31 23:59:59 UTC (-1) |
2023-03-13 02:08:35 UTC (1678673315039) |
NEEDS_MORE_RATINGS | 1969-12-31 23:59:59 UTC (-1) |
Note Ratings
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