Birdwatch Note Rating
2023-03-13 12:55:57 UTC - NOT_HELPFUL
Rated by Participant: F0E9EA8285587124929FC818F841FC5AFD42425ED9935F93357E7A71F33CD1C3
Participant Details
Original Note:
Michaelides, owner of a tech startup, conflates “bailout” with “bank sale” - the FDIC sells failed banks to successful ones as part of the bank’s post failing process. A bailout would be the government financially restoring depositors beyond the insured amount. https://www.fdic.gov/consumers/banking/facts/
All Note Details