They're running without a tenth of their portfolio to meet redemptions. That's a hellish way to run a portfolio.
Jim Lowell quote
About Jim Lowell
Most agencies run scared, most of the time... Frightened people are powerless to produce good advertising...If I were a client, I would do everything in my power to emancipate my agencies from fear, even to the extent of giving them long-term contracts.
~ David Ogilvy (June 23, 1911 - July 21, 1999)