Birdwatch Note Rating
2023-05-03 00:45:49 UTC - NOT_HELPFUL
Rated by Participant: DC6C6F0824DDB8F9A36DF61F106DC74E7C07309F5B51E4DB588108F1ADC3256E
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.
All Note Details