I think that deposit insurance is very important but we didn't have anything for corresponding accounts at brokerage services until 1970.

所以存款保险是至关重要的,在1970年前,在经纪服务业务中,对于对应账户还未有保护举措

耶鲁公开课 - 金融市场课程节选

We wanted to protect our banks from contagion.

我们想要保护银行业务免受其影响。

斯坦福公开课 - 经济学课程节选