English: Each of the five largest investment banks took on greater risk leading up to the subprime crisis. This is summarized by their leverage ratio, which is the ratio of total debt to total equity. A higher ratio indicates more risk. From fiscal years 2003-2007, these firms significantly increased their leverage ratios. A ratio of 10-15 is more typical of a conservative bank. These firms had ratios closer to 30.
日期
Origin:19:59, 16 October 2008 (UTC); Translation by 17:59, 19 January 2009 (PST)
Source data is the 2007 Annual Reports (SEC Form 10K) for each firm. Search the PDF for "Selected Financial Data" so you get the 5-year comparison. Bear's is a bit tougher to find through their website, as it is now part of JP Morgan.
((Information |Description=((en|1=Each of the five largest investment banks took on greater risk leading up to the subprime crisis. This is summarized by their leverage ratio, which is the ratio of total debt to total equity. A higher ratio indicates more
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