You know you boss, while I don't

You have better understanding to his personalities, while I don't. So probably the risk I was talking about is over-estimated in your scenario. That's the meaning of "your business, and yours alone". Nobody here could overrule your judgement on your company's business. Apparently you are confident enough to play that game, which could be suicidal to others.

In fact, I was NOT commenting your case specifically, but showing my approval to 灰长老's response. I think his analysis is more appropriate to generic situation in the business environment. I should have put this paragraph in the early post in the 1st place.