Because the issue here was that it was a classic run, it was not insolvent it just was not liquid enough that it could survive well north of 50% of its customer

Because the issue here was that it was a classic run, it was not insolvent it just was not liquid enough that it could survive well north of 50% of its customer base (I am willing to be in the 70 or higher range) pull out every penny of their deposits. Not even JP Morgan could survive that kind of a run This is both why they failed even though they appeared to be still healthy and also impossible to find a buyer. All the money already ran out the door. The enticement to buy a failed bank is getting all the deposits and new customers, but there's none of that left However, I also think this is why other more general banks are not in as much danger as everyone wants to imply. 10 VCs (or less) called their portfolio companies and told them all to pull their money. A bank with a much more diversified customer base does not have that risk