Birdwatch Note Rating
2023-03-13 00:36:34 UTC - HELPFUL
Rated by Participant: FC0588D93AA2B3619D9B2D695A5D11EE86BB793569861956F42CE39699C6A138
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