Birdwatch Archive

Birdwatch Note Rating

2023-05-01 16:04:49 UTC - NOT_HELPFUL

Rated by Participant: 988E4744521F484212289381CB3E205EBE8B103F0EAE0B90430798DCF01D3B78
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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