Birdwatch Archive

Birdwatch Note Rating

2023-03-11 11:07:49 UTC - NOT_HELPFUL

Rated by Participant: 0C7E839644954F87C47111ED6AB550BAA920E6C2F8E3D02910ECD0B8D3A88C2B
Participant Details

Original Note:

Treasury and The Fed cannot execute a bailout or force a bank merger on their own. As what happened in 2008, either a large bank would have to agree to acquire Silicon Valley Bank or Congress would need to approve a taxpayer-funded bailout for anything to happen. https://files.stlouisfed.org/files/htdocs/publications/review/08/03/Poole.pdf https://www.cnbc.com/video/2023/03/10/why-silicon-valley-bank-may-be-the-ideal-candidate-for-a-bailout.html https://time.com/6262009/silicon-valley-bank-deposit-insurance/ https://www.fdic.gov/resources/deposit-insurance/faq/#:~:text=Investment%20products%20that%20are%20not,covered%20by%20FDIC%20deposit%20insurance.

All Note Details

Original Tweet

All Information

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  • version - 2
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  • notHelpful - 0
  • helpfulnessLevel - NOT_HELPFUL
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