So, if it's a four-year bond, it would trade at about $90, 6% so it would be yielding 6%.
所以,如果这是四年期的债券,那么它可能在大约90美元左右进行交易,因此它的收益率大约在。
So I love the game. And I used to trade baseball cards but,
所以我热爱运动。我过去常交易棒球卡,但是,
You've got to do it so you're right in the middle, so that the market is in the middle.
所以只能以均衡价格交易,而市场价就是均衡价格
So, he was going after himself, finding out all the companies that were backdating options, trying to beat the SEC and the regulatory authorities to the conclusion.
所以他自己一路研究下去,找出了所有用倒签期权欺诈的公司,然后试图用这个结论,与证券交易委员会和监管机构抗衡
So normally, you don't deal with Treasury Direct, you deal with a dealer.
所以通常,你不直接和"国库指南"交易,而是和中间商交易
These mortgages were given out to people that couldn't afford them and today you have what you call subprime mortgages--subprime paper They issued against this paper stuff called mortgage-backed security. They securitized them and these things are all floating around now.
我们发放这些抵押贷款给那些买不起房子的人,所以现在你们看到了一种你们叫做,次级抵押贷款的金融工具--次贷票据,他们把这种票据叫做,有抵押证券,他们把有抵押证券证券化,这些证券现在在市场上被多次交易,广为流通。
In 2006--I mentioned this before -in 2006, the SEC proposed raising the definition to make it harder to be an accredited investor, but they haven't done that yet; so, it remains at one million dollars to do it.
我之前讲过,2006年美国证券交易委员会曾提议,抬高可信投资者的门槛,但他们仍未付诸实施,所以现在的门槛仍为一百万美元
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