Birdwatch Note Rating
2023-03-15 23:05:52 UTC - HELPFUL
Rated by Participant: BE4BDD1BCFF21ED9453CC465DC705B042207C7C49956D4D224A64B637FCB20D6
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