In the more advanced countries, there is more trust in the securities markets, so we don't need this relationship banking as much.

在更加发达的国家中,证券市场拥有更高的信誉,所以我们不需要如此依赖银行

耶鲁公开课 - 金融市场课程节选

In other words, banks may lend to you or to me re risky borrowers but they sell the mortgages to Fannie Mae or Freddie Mac they get their money right then and there.

换句话说，银行可能借钱给我们,知道我们的信用度不高，knowing，that，we’,但是银行把贷款卖给,房地美和房利美,转手就拿到现钱。

斯坦福公开课 - 经济学课程节选