Birdwatch Note Rating
2023-03-13 15:30:49 UTC - NOT_HELPFUL
Rated by Participant: F2512CB7725F1CDC4CF3874BED85207F104D46861F3B7D4479674F2C09981164
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