Birdwatch Archive

Birdwatch Note Rating

2023-05-01 14:52:54 UTC - NOT_HELPFUL

Rated by Participant: 45060ED935D102E05C21C743FE433C0B17B27D8FCF69CED01A2AD3F9AB2815B1
Participant Details

Original Note:

Banks, not taxpayers, pay to replenish the FDIC's Deposit Insurance Fund. According to an FDIC official, "Over the FDIC’s entire history, the banking industry itself has been responsible for the costs of protecting insured depositors and resolving failed banks." https://www.fdic.gov/bank/historical/crisis/podcasts/crisis-transcript-episode6-deposit-insurance.pdf

All Note Details

Original Tweet

All Information

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