Birdwatch Archive

Birdwatch Note Rating

2023-05-02 08:54:54 UTC - HELPFUL

Rated by Participant: 9ADDCF0CD30507FF492F489DC3AE022DDBCE12D96CBE6E8147F66E8F7B0571A5
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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  • helpfulnessLevel - HELPFUL
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