Birdwatch Note Rating
2023-03-13 00:33:51 UTC - HELPFUL
Rated by Participant: 3081CC1AF08CF496B9AC7BE8C8BDF1108C753934F06590D79355F31A9D98239B
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