“[A] balance sheet is a snapshot of one moment in time, and thus presents a very limited view... To be a good banker, therefore, a business is much more than its balance sheet.”

On Money and Markets (2000)

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Henry Kaufman5

American economist 1927

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“[A] balance sheet is a snapshot of one moment in time, and thus presents a very limited view... To be a good banker, therefore, a business is much more than its balance sheet.”

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Henry Kaufman5

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