If it weren't for the occurrence of a bank run, he might have been able to hold on.
If depositors trusted him, didn't run on him, then those public undertakings he invested in, those bonds, those options, all kinds of wealth.
Perhaps waiting for them to mature and be redeemed would fill everyone's gaps.
Even if it couldn't fill it completely, the hole wasn't too big, but because the bank run came too fast and too crazily, people lost their rationality and trust, and he had no way out.
A company, especially a public company, particularly under the capitalist system, is actually not much different from a bank.
Credibility, confidence, are extremely important elements!
Most businesses will borrow money, will have debt issues, have debt ratios.
A company with a debt ratio of less than half is considered a financially healthy company.
