Birdwatch Archive

Birdwatch Note Rating

2023-03-17 17:21:27 UTC - NOT_HELPFUL

Rated by Participant: 3A34CC8DF776C8613D8E7DBE0513E92C2A9A7DD4035FC9E1DCEABE67093CEBC0
Participant Details

Original Note:

Taxpayer money is not being used to cover the deposits at Silicon Valley Bank. Deposits are being paid for using funds from the Deposit Insurance Fund, which is a program that is funded by fees paid by banks and interest earned on government bonds, not funds from taxpayers https://www.fdic.gov/news/press-releases/2023/pr23019.html https://www.cnbc.com/2023/03/13/wall-street-not-taxpayers-will-pay-for-the-svb-and-signature-deposit-relief-plans-.html

All Note Details

Original Tweet

All Information

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  • version - 2
  • agree - 0
  • disagree - 0
  • helpful - 0
  • notHelpful - 0
  • helpfulnessLevel - NOT_HELPFUL
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  • ratingsId - 16367649604107223043A34CC8DF776C8613D8E7DBE0513E92C2A9A7DD4035FC9E1DCEABE67093CEBC0