Carmen Reinhart Quotes
As we mentioned in the preamble, banks’ role in effecting maturity transformation—transforming short-term deposit funding into long-term loans—makes them uniquely vulnerable to bank runs

Quotes to Explore
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For me, I love California. I feel like it's my second home in that I moved out by choice at eighteen. It gave me opportunities that I didn't have anywhere else.
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I just kind of assumed that you do a movie and then you leave and you hop onto the next thing. I never thought that people are actually buddies.
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The people sensible enough to give good advice are usually sensible enough to give none.
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My mother and father always supported my passion for acting. I think they just kind of expected me to move to New York and become an actress and have all these adventures.
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I was a gym rat and I always thought that was a part of my success.
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There is always an opportunity in an opportunity.
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No work is "most important." Or, put differently, all work is important but work done poorly becomes most important.
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Organized Christianity has probably done more to retard the ideals that were its founder's than any other agency in the world.
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Every time we moved on, I joined a different class in a different school with different girls until, aged 13, my father had taken the decision to pull me out of school altogether. Everything I needed, he reasoned, could be found within the rich language of Shakespeare's plays at which, by then, I was something of an old hand.
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I studied at a grammar school and later at the University of Vienna in the Faculty of Medicine.
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There are some people as obtuse in recognizing an argument as they are in appreciating wit. You couldn't drive it into their heads with a hammer.
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What man in his right mind would conspire his own hurt? Men are beside themselves when they transgress against their convictions.
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The significance and volume of repairs that are needed across the country demand that we give state and local governments the long-term certainty they need to effectively execute these projects.
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I took a decision that I wanted to be a long-term player in Congo.
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Banks will have to win the confidence of their customers through fair dealing, making good loans, and remaining financially healthy.
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As we mentioned in the preamble, banks’ role in effecting maturity transformation—transforming short-term deposit funding into long-term loans—makes them uniquely vulnerable to bank runs