Birdwatch Note Rating
2023-03-16 01:17:18 UTC - HELPFUL
Rated by Participant: 785079E8A2E2C0931CE0B0FC67D830690F78792B36BCE7E3245801E10420C147
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