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 "

 

 

Replies (5)

good one.

Lehman is Lay Man.

 

Good one man!!

But i hope you know the news more funds are going to be pumped out officially so save the Inv banks in trouble...

Good one

good one

VERTICAL FORM

ON UPPER SIDE EVERY THING IS DOWN AND ON LOWER SIDE EVERY THING IS UPPER

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