过去两三年里,他们有一句很简短的口头禅:资本比例——具体地说就是股本对风险加权资产的比例——越高越好。
Their maxim for the past couple of years has been simple: the higher the capital ratio – specifically equity as a proportion of risk-weighted assets – the better.
这些话一定会被小孩子听到并且最后变成他们的口头禅。
These phrases can definitely be picked up on by our children and eventually, become their beliefs to live by.
但是,FSA的口头禅是“采取进一步措施”,并且,如果需要的话,他们会在整个认股权发行期间限制股票借贷,对于空头来说,这可真是要了命。
But it is the FSA's threat to "take further measures" if need be by, say, limiting stock lending during rights issues, that has really spooked short-sellers.
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