Birdwatch Note Rating
2023-03-13 04:27:44 UTC - HELPFUL
Rated by Participant: 2615C01F5D051C7D77A59A9CA03B7D7E35B0749DF8A2C7BEDF30E7F28D201C22
Participant Details
Original Note:
There have already been 2 bank failures in 2023: 1 - Silicon Valley Bank - $209B - Mar 10, 2023 2 - Signature Bank - $118B - Mar 12, 2023 And these are much larger banks any of the banks that failed in 2017-2020. The total assets of all 15 combined was under $15 billion. https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm
All Note Details