Birdwatch Note Rating
2023-03-14 17:42:15 UTC - HELPFUL
Rated by Participant: 45B8EF43682258D990F1C39DD9C1C131E030B7B116A1A874CAD37AED55F98C04
Participant Details
Original Note:
Deposits at SVB are being guaranteed by the FDIC using money from the Deposit Insurance Fund, which is paid into by many different banks but does not include taxpayer money. https://www.cnbc.com/2023/03/13/wall-street-not-taxpayers-will-pay-for-the-svb-and-signature-deposit-relief-plans-.html https://eu.usatoday.com/story/news/politics/2023/03/13/silicon-valley-signature-bank-collapse-joe-biden-taxpayer-funds/11463729002/
All Note Details