giofranchi Posted May 3, 2014 Author Share Posted May 3, 2014 Jackson Reynolds stated that in Mr. Baker's appraisal of any business problem he was always interested in the personnel involved. He wanted to know what sort of men were involved. 'He was an exceptional judge of men,' said Reynolds; 'and in thirty or forty choices he would not go wrong more than once or twice. If he could not feel confidence in the men in any situation, he preferred to avoid it entirely. Bishop Lawrence also commented on this quality in Mr. Baker. He said that he reminded him of the stalwart English yeoman who went to market to look over the livestock, and tried to come home having purchased the best ones of their kind. Gio Link to comment Share on other sites More sharing options...
constructive Posted May 10, 2014 Share Posted May 10, 2014 Gio, does the book have any financial statements for the bank? I'm curious how leverage, ROE, etc. compared to the present day. Link to comment Share on other sites More sharing options...
giofranchi Posted May 10, 2014 Author Share Posted May 10, 2014 Gio, does the book have any financial statements for the bank? I'm curious how leverage, ROE, etc. compared to the present day. Yes, it does! But the First National Bank was not the "average" bank of its time... Its balance sheet has always been rock solid, and I wouldn't be surprise to find out it was much less levered than the "average" bank's. ;) Gio Link to comment Share on other sites More sharing options...
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