They had 45 billion in withdrawals before they ran out of liquidity and were taken over by FDIC, so that analysis would appear to be incorrect, since it implied they only had 80-55 = 25 billion of liquidity available.
I think the wording in the FDIC order was that customers were "initiating 42bn of withdrawals."[0] Doesn't mean those went through (in fact many from what I heard didn't.)
Still certainly very possible that the analysis is incorrect.
Still certainly very possible that the analysis is incorrect.
[0] https://dfpi.ca.gov/wp-content/uploads/sites/337/2023/03/DFP...