Birdwatch Note Rating
2023-05-03 03:45:31 UTC - HELPFUL
Rated by Participant: A3216F51A870395C528CE7F3087C39B274377B806986EAF9B10C22AFC1289938
Participant Details
Original Note:
Half of America's banks are not on the verge of failure. FDIC insurance covers $250,000 of individual deposits per depositor. https://www.fdic.gov/resources/deposit-insurance/faq/ https://www.nytimes.com/2023/03/13/your-money/fdic-banks-svb.html https://www.fdic.gov/news/press-releases/2023/pr23035.html#:~:text=As%20part%20of%20its%20analysis,by%20ownership%20rights%20and%20capacities.
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