Birdwatch Archive

Birdwatch Note Rating

2023-03-14 21:19:43 UTC - NOT_HELPFUL

Rated by Participant: C035D750AB8B340BF49F5276E70A2C3A8A302DFF0D6C9DA3A98A5C9AF54F1FBC
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Original Note:

Tax dollars are not being used to bail out SVB. Banks pay into a fund, known as the Deposit Security Fund. That is where the bailout funding is coming from. https://www.vox.com/money/2023/3/13/23638417/svb-bank-bailout-signature-fed-fdic-treasury-janet-yellen

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Original Tweet

All Information

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