Birdwatch Archive

Birdwatch Note Rating

2023-05-02 09:37:07 UTC - HELPFUL

Rated by Participant: 75BA11054B6B7E8A0FCD13AE633F578AF731BCB98182E63067554ACB7A4D247F
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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  • version - 2
  • agree - 0
  • disagree - 0
  • helpful - 0
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  • helpfulnessLevel - HELPFUL
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