What is leverage? Describe one example of how excessive leverage created enormous risks for Wall Street firms. This topic may end up being related to the second topic if one discusses leverage and the use of derivatives. Try to move the dialogue to a discussion of how abuse of leverage created system wide risks. Again, do not reproduce information already provided in the thread. Try to move the discussion along.

What is leverage? Describe one example of how excessive leverage created enormous risks for Wall Street firms. This topic may end up being related to the second topic if one discusses leverage and the use of derivatives. Try to move the dialogue to a discussion of how abuse of leverage created system wide risks. Again, do not reproduce information already provided in the thread. Try to move the discussion along.

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