Birdwatch Note Rating
2023-03-13 04:01:44 UTC - HELPFUL
Rated by Participant: 6FAA5A132FA3CC21D06DC58323E6BF2F6269821D95B826AC239BF35FE334A1D6
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