Quotes About Balance sheets

Instead of 6.7 million, the actual number was probably closer to 18 million, and, including Alt-A loans and loans backing PMBS, at least 31 million. Most of the missing subprime loans were on the balance sheets of Fannie and Freddie, which were hiding the numbers of subprime loans they had acquired to meet the affordable-housing goals.

Tatemae is a charming attitude when it means that everyone should look at the other way at a guest's faux pas in the tearoom; it has dangerous and unpredictable results when applied to corporate balance sheets, drug testing, and nuclear-power safety reports.

It is economically irrational to exclude large environmental costs from the balance sheets of the producers and the consumers. You are only kidding yourself if you export those costs on to society as a whole.

The Fed has gone about as if the problem is a shortage of liquidity. That is not the basic problem. The basic problem for the markets is that uncertainty that the balance sheets of financial firms are credible. -Anna J. Schwartz interviewed in the Wall Street Journal, October 18-19, 2008.

It's that increase in net worth from year to year that takes you up the ladder of wealth. To measure your increase in wealth from one year to the next, compare the yearly balance sheets. Divide the difference by the beginning wealth to get your percentage change for the year. This gives you an idea of how fast you are compounding. If you also construct an income statement for the period, the net income after expenses should match your change in net worth.

Tobacco Lords' success lay in their balance sheets: their ability to summon up capital from a wide variety of sources, while ruthlessly cutting costs. Investment money for ships, warehouses, and inventories (since Scottish firms, unlike their English rivals, bought the tobacco from planters outright instead of selling it abroad on commission) came from a wide variety of sources, including banks set up to finance the trade.

Creating jobs for your country's workers is about much more than ensuring that the balance sheets of your country's companies are strong, or stimulating domestic demand. It is about figuring out how your country's workers fit into the global economy.

Throughout the industrial era, economists considered manufactured capital - money, factories, etc. - the principal factor in industrial production, and perceived natural capital as a marginal contributor. The exclusion of natural capital from balance sheets was an understandable omission. There was so much of it, it didn't seem worth counting.

To function efficiently - to function at all - we must concentrate our effects. Picturing things is bad for business, it is undynamic. It can choke the mind with horror if persisted in. We have graphs and tables and balance sheets and statement of corporate philosophy to help us remain busily and safely in the realm of the abstract and comfort us with a sense of lawful endeavor and lawful profit. And we have maps.

Bourgeois society is infected by monomania the monomania of accounting. For it, the only thing that has value is what can be counted in francs and centimes. It never hesitates to sacrifice human life to figures which look well on paper, such as national budgets or industrial balance sheets.

I believe Indian banks have a strong funding profile with largely deposit-funded balance sheets, a large physical presence to cater to the needs of customers, and ability to provide comprehensive solutions to customers.

The fact is that one of the earliest lessons I learned in business was that balance sheets and income statements are fiction, cash flow is reality.

It sounds extraordinary, but it's a fact that balance sheets can make fascinating reading.

Industry structure can be linked directly to the income statements and balance sheets of every company in the industry. The insights gained from this kind of analysis should lead directly to decisions about where and how to compete.

newspapers that could see money haemorrhaging from their balance sheets could not afford to accept the costs of taking on the plutocracy's lawyers.