Birdwatch Archive

Birdwatch Note Rating

2023-03-13 04:22:51 UTC - NOT_HELPFUL

Rated by Participant: B52DFDC3187A1D08EBC57FA5E8F63D82DFDB3472173A20F348EF831D0CB57CC2
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

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All Information

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