Birdwatch Note Rating
2023-03-12 00:58:35 UTC - HELPFUL
Rated by Participant: 7641FA6BA9B570E13002B62883A11B90C0873F8EAFB39635A91B89E1480C63A4
Participant Details
Original Note:
Depositors with over $250k in their accounts are generally well aware of FDIC limits, as are CFOs who have a fiduciary duty to be thus aware. The risk is well understood. These informed depositors chose to take on that risk for what they perceived as compelling reasons. https://www.fdic.gov/resources/deposit-insurance/faq/ https://www.fdic.gov/resources/deposit-insurance/financial-products-not-insured/#01 https://news.yahoo.com/svb-depositors-investors-tried-pull-013220358.html
All Note Details