Birdwatch Note Rating
2023-03-13 04:15:43 UTC - HELPFUL
Rated by Participant: D2FCD00A807F12670EF1AF1DF0F722CF3914E098A6714FF1F5C22F3CB1A34057
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