Schrödinger Banks are they dead or alive?

Personally I do not agree on the philosophy behind the Schrödinger’s cat in physics, the so called copenhagen interpretation of quantum mechanics (will get back to this at some point I think), but I think a somewhat similar thought experiment much better fits many financial institutions, what we can name Schrödinger Banks:

That is if the bank "is" dead or alive will depend on the observation of it. Banks knows they funding cost and their life or death could depend on if the external observers could truly observe their operations in depth. If things looks bad their credit spread will widen, they will get less credit lines, this will worsen the situation and if on the edge of life or death this could be crucial. So yes the bank managers are very good at giving out the information they want the observer to observe and polish the information they not are so happy for the market to get.

Several Banks that are alive are not truly observed, lots of their activities are off balance sheet, only notional volumes are reported for many derivatives etc, that is close to meaningless information in many cases, the risk is typically given out is in terms of flawed Value at Risk measures based on Gaussian type models etc.. If external observers (the market) could take a detailed look at their books (I mean their uncooked books) in the depth some of them would probably collapse very quickly, others would naturally stay alive and some even increase in value.

The same could be generalized to other corporations and even to Schrödinger countries.