"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."

“I take great pride in being an American. Consequently, when financial excess threatens our economic moorings, and thus our extraordinary dynamic and pluralistic nation, I have often spoken out for saner behavior and more effective policies.”

“profit and loss statement is not simply a collection of figures, but rather—for the perceptive banker—a window into the nuts and bolts of the business, from its method of operation to its management philosophy.”

“n economy cannot grow and thrive without a strong commercial and investment banking infrastructure. Without the ability to create debt and equity instruments, the world's economies would not have advanced beyond their most rudimentary forms.”

“icher nations have larger stock and bond markets than poorer ones, and the assets of financial intermediaries are much larger in relation to GDP.”

“he nation's middle class was about to embark on an educational revolution that would help boost incomes to unimagined levels over the next three generations. ...Along with the obvious benefits to... individuals, education yielded enormous social and economic returns. Economists have found universal public education in America to be one of the leading engines of economic growth.”

“What fascinated me about Drucker, and still does, is how he infuses his broad perspective on business issues with philosophical and historical considerations.”