Birdwatch Note Rating
2023-03-13 20:05:51 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 8E8C72B4853EB1147CAD28DDE11C7D077FC420C52E0A97EEADD595C66B5A0FC3
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