Popular quote doing rounds post Lehman, AIG, Merrill fiasco
"There are two sides to a Balance Sheet :
Left & the Right (Liabilities and Assets respectively)
on the Left side there is nothing right..
and on the right side there is nothing left "
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"There are two sides to a Balance Sheet :
Left & the Right (Liabilities and Assets respectively)
on the Left side there is nothing right..
and on the right side there is nothing left "
Posted by Meister Joker at 8:49 AM