Nope. This is the line of thinking that gets people into hot water. He could have said nothing and he would be better off. When in doubt, just say nothing. Nobo

Nope. This is the line of thinking that gets people into hot water. He could have said nothing and he would be better off. When in doubt, just say nothing. Nobody asked him about a run on his bank - he just blurted that out in a public call with shareholders on the line. Any bank would be in a bad position if all of its customers withdrew at once. Everyone knows this, but banks that are doing well don't think about this. The fact that it is clearly top of mind does not inspire confidence.