Gonna have to disagree.

I think it would be way worse if we found out they were storing passwords were plaintext in the database in 2019. Even if the security implications are the same/worse, the policy/decision making of such a revelation would be beyond terrible.

edit: To put it another way, remote code execution flaws are terrible but they can happen. However it would be way worse if someone put in a static username/password backdoor. The security outcome may be the same but one is beyond terrible policy/decision making.