Birdwatch Note Rating
2023-03-15 06:58:05 UTC - HELPFUL
Rated by Participant: 8F4732F51B9482094ABE64AF27AE5AD61FD229466684BF6B2E9B639775204902
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