Birdwatch Note Rating
2023-03-13 04:26:20 UTC - SOMEWHAT_HELPFUL
Rated by Participant: FBD405E0A052BE2F1C343939A835034F8B4CF724F7503F72F4F099E82E21CD36
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