The differences between an operating lease and a capital lease are quite small despite the rather large impact the difference in accounting can have on the balance sheet and economic earnings of the business.

FORBES: Off-Balance Sheet Debt: Bad Enough That FASB Notices, Maybe You Should Too?

In previous balance sheet recessions, economic cycles have been truncated, and recessions typically occur every two and a half years or so.

FORBES: Recessionary Differentiations

After Friday's close, Moody's downgraded Belgium two notches, citing uncertainties about funding, economic growth and the nation's balance sheet.

WSJ: Europe Clouds U.S. Stocks

Some of the stocks he initiated a buy rating on include Alaska Air Group, American Airlines parent AMR, Continental Airlines, Delta Air Lines and United Airlines parent UAL, because those stocks are highly leveraged to an economic recovery, will benefit from balance-sheet deleveraging, focused on growing margins rather than gaining market share and attractively valued.

FORBES

Because of national balance-sheet strength and rapid economic growth, countries in Asia look attractive.

FORBES: Trade Currencies Like Soros

An extended period of economic depression and fiscal austerity can trash the balance sheet of the healthiest bank.

BBC: The vicious euro circle keeps turning

Its strong balance sheet should enable it to increase book value despite economic turbulence.

FORBES