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On the other hand, what if insurance companies determined that people from Asia got into more accidents than people from Europe?
但是如果保险公司,判定亚洲裔,比欧洲裔更容易出车祸呢？
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That would mean that companies should try to push their debt-equity ratio up as high as possible given that theory.
这个理论意味这公司将,尽力提高负债权益比
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So they thought, "Alright, if the company is so great, if we have such a bright future, why you don't do a better job for your employees than the other Internet companies?" It was a tough call for me.
于是他们觉得：“如果百度真这么好，如果前景真的如此光明，为什么不能在员工待遇方面,做得比其他公司更好呢？“，那时我感觉左右为难。
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The point is that in this game in which firms competed in prices, even though there were only two firms in the market, only one firm more than monopoly, we get a dramatically different result than we had last time.
重点是这个公司进行价格竞争的博弈,尽管博弈中只有两家公司,仅仅比垄断情况下多了一家,我们得到了与上次完全不同的结果
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The FHA went further than the HOLC; they demanded that mortgages be twenty years and also self-amortizing.
联邦住宅管理局比房主贷款公司更进一步,他们约定抵押贷款,可以在20年内进行分期偿还
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If a company--if its stock sells for less than its assets are worth then the company maybe should be broken up and the assets taken and given somewhere else because the low stock price indicates a problem.
如果一家公司---如果它的股票卖的,比它的资产价值低,那么这家公司也许就应该破产，并且,它的资产就应该被占用或分配到其他地方,因为低的股票价格预示着一个危机。
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If you know the secrets of a company, if you know some good news about the company before the public does, you could buy the shares of the company and experience the profit when the price goes up.
如果你掌握了公司内幕信息,你能比公众更早得知,公司的利好消息,那你就会去购买公司的股票,然后从股票升值中获利
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Incidentally, did I ever--equity equals shares or stock, so when I talk about debt-equity ratio, I'm talking about the ratio of the value of the company's debt to the value of all of its stock.
顺便说下,普通股就是股票,负债权益比就是,就是公司负债价值,除以股票总价值
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Now, I don't know how far back it goes but it must be that in ancient times some people would say, all right you're going to be doing more work or you're contributing more to this enterprise, we'll give you a bigger share of the profits.
我不知道这能追溯到什么时候,但在古时候肯定有人说,好吧,你比别人干得多,你对公司的贡献更大,我们会把收入的大头给你
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The board likes him; the CEO eventually retires CEO and they make this guy the CEO -the fraternity president we're talking about --CEO-- Now he's now the head guy--the CEO--and he'll bring in a number two guy that's a little dumber than he is because he doesn't want to be threatened.
董事会成员很喜欢他原来那个CEO在退休了,董事会成员就任命他为公司新一任的,-我们刚才一直说的那个学生会会长,现在他是公司的首脑了,他会提升一名比他更愚笨一些的直接下属,因为他不想自己的职位受到威胁。
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