2) Re: deposits:
A) FRC lost net $72B in deposits during Q-1;
B) Outflow wld have been> $100B, but for 11 big banks rescue wagon;
C) Despite both $FRC borrowed from Fed & the $30B “rescue wagon” (See pt 2). total deposit balance ⬇️ to a net 41% during Q-1, to $104.4B https://t.co/l0XR89ULx0— fred walton (@fredwalton216) April 24, 2023
h/t Jshbone12
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