> It became illiquid last Friday after 42 billion dollars walked out the door. True. That was the precipitating event that forced it into the hands of the FDI

> It became illiquid last Friday after 42 billion dollars walked out the door. True. That was the precipitating event that forced it into the hands of the FDIC. But illiquidity is not insolvency. Insolvency means it could not pay back its depositors because it assets could not cover withdrawals. This hole did not appear last week due to the $42 billion withdrawals.