Default rates are shooting up and valuation of securitized subprime mortgages have crashed and it's throwing turmoil all over the financial community.

违约率飞速上升,对于次级抵押贷款的估值也失效了,这还导致了整个金融系统的混乱

耶鲁公开课 - 金融市场课程节选

We're not going to do that in a Robin Hood way, but in finance we're going to do that in a systematic way through risk management.

我们不能像罗宾汉那样来达到那样的目的,但在金融领域,我们将通过,系统的风险管理来实现

耶鲁公开课 - 金融市场课程节选

Now it's different in important ways because it's really focused at preventing the collapse of the economy that is created by a financial system failure.

现在，这个不同有很重要的意义,因为它真正专注于,阻止被金融系统的失败而引发的,经济的崩溃。

耶鲁公开课 - 金融市场课程节选

The market stability is going to be the Fed, the Fed's role would be broadened so that it's not just a banking regulator, it's the whole financial system.

市场的稳定将成为联邦政府的工作，政府的职责将会扩大,那么政府将不再仅仅是银行业的调控者，而变成了整个金融系统的调控者。

耶鲁公开课 - 金融市场课程节选

They want it to be a bank for the whole financial system.

他们想成为整个金融系统的中央银行。

耶鲁公开课 - 金融市场课程节选

By systemic effects, I mean something that affects the whole financial system.

通过这种系统性作用,我指的那种影响整个金融体系的作用

耶鲁公开课 - 金融市场课程节选

In an effort to get more to keep the economy from collapsing at a time when at a time of great concern about the structure of the financial system.

在一种得到更多的努力中,预防经济在一种时期中崩溃，这个时期是,人们都很担忧,金融系统的结构。

耶鲁公开课 - 金融市场课程节选

It's not just municipal governments, but a lot of different aspects of our financial system are going to be touched by a crisis that's spreading from one segment to another.

不仅仅是地方政府,还有很多不同的金融系统领域,都要被影响,危机波及到一个领域又一个领域

耶鲁公开课 - 金融市场课程节选