This thing collapsed in the 1980s and it cost the U.S. Government, through the FSLIC, about 150 billion dollars.

0世纪80年代,坏账集中爆发,美国政府经联邦储蓄贷款保险公司之手,花费了约1500亿美元才填补了坏账

耶鲁公开课 - 金融市场课程节选

People knew that a lot of bad loans were being made or loans were being made to people who shouldn't be getting them.

人们知道现在银行有很多坏账产生,或者有很多多贷款再贷的时候就根本不需要人们来还它。

耶鲁公开课 - 金融市场课程节选

The collapse of this was part of the reason for a general economic collapse.

坏账的全面爆发是造成,美国经济急转直下的原因之一

耶鲁公开课 - 金融市场课程节选

They ran with a lot of loans that turned out bad.

他们发放的大量贷款变为坏账

耶鲁公开课 - 金融市场课程节选