Birdwatch Note Rating
2023-03-16 01:17:18 UTC - HELPFUL
Rated by Participant: 4823BFF045E8D184FB5F55B5255BB1B62A4D56A4DAB8C572C1AD13DC18111D69
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