Birdwatch Note Rating
2023-03-13 06:10:51 UTC - HELPFUL
Rated by Participant: 2E683A809A5CD0DC1379EC511A37DD4DBC8EA5876FED1DA0B515C9329F0539D5
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