There's maybe about three trillion dollars worth of stuff backed by mortgages out there Well, as you've seen, these have produced crisis of confidence and I don't think we've heard the last of it.

现在大概有价值三万亿美元的有抵押证券,在市场上流通,就像你所看到的那样，这些证券已经导致了,市场信心的丧失，而且我个人认为这还完全没有结束。

耶鲁公开课 - 金融市场课程节选

Basically, what it did was it made it feel that people wouldn't get cheated; the SEC was a strong regulator and it really did restore confidence in the financial markets in this country.

证券交易委员会的辛勤付出,使人们感到不会受骗,证券交易委员会是一个强大的监管机构,它也重塑了,这个国家对金融市场的信心

耶鲁公开课 - 金融市场课程节选

The question was whether we were looking to take more short positions as the economy appears to be moving into recession and I guess the second part of the question was how do you remain bullish in this kind of environment.

问题是,在经济表现出走向衰退时,我们是否会做更多空头,我想这个问题的另一面就是,在那种情况下如何保持市场信心

耶鲁公开课 - 金融市场课程节选