Birdwatch Note Rating
2023-03-20 16:53:40 UTC - NOT_HELPFUL
Rated by Participant: B7ACA990D78A3E5E0513C6F7FA3A2898A32C30B7DD1A6940FC5845AB5A9D45AD
Participant Details
Original Note:
Tweet is factual US banks were sitting on $620 billion in unrealized losses (assets that have decreased in price but haven't been sold yet) at the end of 2022, according to the FDIC. Unrealized losses weaken a bank's future ability to meet unexpected liquidity needs. https://www.cnn.com/2023/03/12/investing/stocks-week-ahead/index.html
All Note Details