I highly doubt he believes it. He has been living a lie for months now and can't bring himself to come clean about the deception. So he instead is "admitting" t

I highly doubt he believes it. He has been living a lie for months now and can't bring himself to come clean about the deception. So he instead is "admitting" to vanilla incompetence and confusion and, most importantly, continuing to tell the lie that this is a liquidity issue at heart and not a solvency issue. That may have been the case a few weeks ago, but is palpably false at this point.