Birdwatch Note Rating
2023-03-14 17:28:03 UTC - HELPFUL
Rated by Participant: 83FC78AE79D019CD53BBC09411D0D0FD32DA4C44E6C95F5E7A9706B3A1EF91DB
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