The Department of Justice is investigating the company for giving subprime mortgage securities top ratings just before they imploded.

美国司法部（The Department of Justice）正在对该公司就其在次级抵押贷款证券崩盘前仍给予这些证券最高评级一事展开调查。

youdao

These securities are collateralized debt obligations backed by subprime-mortgage bonds, commercial-mortgage loans and other assets.

CDO以次级抵押贷款债券、商业抵押贷款证券和其他资产作为担保。

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Burned by risky lending in past crises, the Banks had shunned toxic subprime-mortgage securities.

由于仍对过去数次危机中高风险借贷上的损失心有余悸，拉美银行在此次危机中避开了问题次级抵押贷款证券。

youdao

We did have a large,short position in subprime mortgage-backed securities, which has paid off enormously for the University and really helped protect assets in the past nine months or a year.

我们确实曾持有很多,次级抵押担保证券的空头,它们为耶鲁赚了不少钱,并且在过去的9个月或1年间,为资产保值发挥了实在的作用

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These spent several trillion dollars buying subprime mortgage securities, which provided irresistible incentives for Wall Street firms churn them out.

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The leading credit rating agencies failed to do their job in rating these Fannie and Freddie subprime mortgage securities AAA, misleading everybody as to the real risks involved.

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