Long-term Capital Management was a big hedge fund that failed in 1998 and got bailed out by the Fed.
长期资本管理公司,是一个1998年失败了的对冲基金8,并且被美联储保释了。
The Fed again did like what it's doing now; it rescued this company called Long Term Capital Management.
政府现在在做的和那次的很相似;,政府挽救了一种企业叫做长期资本管理公司。
Now, we're going to go back to Roger Ibbotson at the School of Management. He did some path breaking work in terms of describing capital markets returns over reasonably long periods of time.
先讲回到管理学院的罗格·伊博森,所进行的开创性研究,描述了在相当长的时期内,资本市场的收益情况
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