Lehman wouldn't sell because no one wanted to buy that toxic shit. FRC is probably in similar stste right now. They need depositors to keep their money in FRC. That is the issue and the amount of money thay has left would have collapsed multiple WaMu size banks. But big banks and FRC are the same when it comes to banking and they came to the rescue.

WaMu was in same exact state...rumors start, people panic, they move funds, wamu is no longer compliant, feds take over. WaMu only needed cash to satisfy all the withdrawals and it would have been fine...but big banks didn't like WaMu as it was a threat to their fee based profits. Needless to say, no one came to help them.