Birdwatch Note Rating
2023-03-13 02:10:02 UTC - HELPFUL
Rated by Participant: C17EEE016F947810B8E8F63059B26441A4876DF39424925B98E42879EC5AE9C0
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