The leverage and use of short-term financing at both Bear Stearns and MF Global at the time of their respective collapses were far above what we see at either Goldman or Morgan Stanley today.
The leverage and use of short-term financing at both Bear Stearns and MF Global at the time of their respective collapses were far above what we see at either Goldman or Morgan Stanley today.
Gross Leverage
Use of Repo Financing
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