[A]n economy cannot grow and thrive without a strong commer… - Henry Kaufman

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[A]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.

Henry Kaufman

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About Henry Kaufman

(born October 20, 1927) is President of Henry Kaufman & Company, Inc. and is known, by some critics of his economic analyses and prognostications, as "Dr. Doom." Kaufman worked in commercial banking and served as an economist at the . After the Federal Reserve, he spent 26 years with , where he was Managing Director, Member of the Executive Committee, and in charge of the Firm’s four research departments. He was also a Vice Chairman of the parent company, Salomon Inc. He also served as a director of Lehman Brothers Holdings Inc. and as chairman of the Lehman board's finance and risk committee.

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

[A]n economy cannot grow and thrive without a strong commercial and investment banking infrastructure. Without the ability to create debt and equity … - Henry Kaufman

About Henry Kaufman

Additional quotes by Henry Kaufman