Birdwatch Note Rating
2023-05-17 04:27:48 UTC - NOT_HELPFUL
Rated by Participant: 273029A48BD0E4A18086479FFB34C17E5D785E0253EEE266CE47C4679D3F673F
Participant Details
Original Note:
The 2018 rollback did not cause SVB to collapse. It exempted banks below $250 billion from stress tests, but they still had to follow liquidity provisions. SVB was well capitalized with highly liquid assets as defined by Dodd Frank. https://www.cbsnews.com/news/dodd-frank-rollback-5-things-to-know-about-bill-to-cut-banking-regs/ https://www.federalreserve.gov/newsevents/pressreleases/bcreg20140903a.htm https://cdr.ffiec.gov/public/ManageFacsimiles.aspx
All Note Details