-
I think that going forward, both the rating agencies and the banks will be very important in our society.
我认为这会有效果,信用评级机构和银行,都将会在我们的社会中扮演很重要的角色
-
But it is a good resource to go to, for like just finding out what something is if you've never been there.
但（网站评级）是个很好的信息来源，就好像你从来没有去过那里，但你却找出了关于它的信息。
-
They've become forces of nature in the U.S. Economy, in the sense that people accept these letter grades with great authority.
他们和美国经济密不可分,在这种情况下,人们笃信机构的字母评级
-
But because they have such a good reputation, on the bases of ratings and other kinds of securities, people just took them as they were.
但是这些评级公司有着良好声誉，基于他们传统的评级,和对其他保险的评级，人们自然相信他们。
-
The last question for the evaluation is should you take the class or not?
关于评级的最后一个问题是你是否来上课？
-
Some people think that the rating agencies have allowed a kind of moral hazard to creep into their organization.
有些人认为,信用评级机构,已经让某种程度的道德风险,渗透到他们的机构中
-
He had a neat idea and that was to give letter grades to securities that represented credit worthiness.
他有个绝妙的主意,就是用字母,给证券评级,以此来代表其信用状况
-
The first rating agency in the world was created by Mr. John Moody, in the U.S. In 1909.
世界上第一家信用评级机构,是约翰·穆迪先生,于1909年在美国创办的
-
So, reporters start calling the other rating agencies-- Standard & Poor's and Moody's and others--and say, are you going to down-rate these guys?
于是记者们开始询问其他的评级机构,像是标准普尔和穆迪,问他们,你们打算给这些公司降级吗
-
Well, for those of you who want to try it, you probably could pass this class and maybe even get an okay grade without doing the readings.
对于有些人如果你想试试看，你很可能能够通过这门课,甚至可能得到一个不错的评级,假使你不做课外阅读。
-
You read in the newspaper their interpretation of what's going to be said and so far the other rating agencies haven't; they're not saying anything.
你从报纸上读到媒体关于,他们会怎么说的猜测,但是迄今其他评级机构并无实际行动,他们没有任何表态
-
In these books he talked about his moral commitment to honest rating of securities.
在那些书中,他谈到了有关,诚信进行证券评级的道德信念
-
Then there's Fitch, who's the third, which is smaller than these two.
还有一个排名第三的评级机构叫惠誉,它比前两家规模要小一些
-
When Shelly says he's the harshest grader on campus, he isn't lying.
当薛立说他是全校评级最严苛的老师时，他没有撒谎。
-
So that settles the question am I a harsh grader or not.
所以这就解决了我是否对评级严苛的问题。
-
Kagan's reputation as a harsh grader is unfounded.
关于卡刚严苛评级的坏名声属无中生有。
-
Those are the two biggest rating agencies in the U.S. today and they're extremely powerful organizations because they --Standard & Poor's also does letter grades, a slightly different system, but almost the same.
如今他们是美国最大的两家评级机构,而且他们是非常权威的组织,标准普尔也进行字母评级,体系上有些区别,但基本相同
-
It's just almost like college grades.
这和大学的评级差不多
-
His grading was not hard."
他的评级便显得不再那么困难了“
-
I wanted to mention in this context, because I'm emphasizing how banks help solve the adverse selection and moral hazard problem -I wanted to mention briefly here also the rating agencies, which fulfill some of these functions.
我早就想在这段内容里讲讲这事了,因为我一直强调,银行是如何帮助解决逆向选择,以及道德风险问题的...,我还一直想在这里简要的提下,本应履行这些职能的那些信用评级机构
-
John Moody died in the 1950s, but after he died, Moody's and Standard & Poor did something that Moody would not have approved of -they started accepting fees from the people they rate; some people think that you shouldn't do that.
约翰·穆迪在20世纪50年代去世,他死后,穆迪公司和标准普尔做了一些,穆迪绝对不会允许的事情...,他们开始接受被评级者所缴纳的费用,有些人认为不应该这样做
-
Recently, however, there is a bit of a scandal regarding these rating agencies because they gave AAA ratings to some subprime securities.
但是,最近,出现了一点关于评级机构的丑闻,因为他们将一些次级证券评为AAA级
-
The question is: how can these rating agencies manage the current distrust that has developed?
问题是,这些评级机构该如何应对,当前已然扩散的不信任感呢
-
Professor Kagan is harsh with grading."
卡刚教授的评级十分严苛“
-
The rating agencies weren't cutting the ratings as they should and these European banks were just kind of naively trusting and it just didn't get figured out.
信用评级机构并未按照实际评级,这些欧洲银行却很傻很天真地相信了,没有认识到潜在的风险
-
The idea was that the --so he set up Moody's Rating Agency and the job of Moody's was to give letter grades to securities; it was a little bit like a bank, but it was different because he didn't actually make the loans.
主旨是... 因此他成立了穆迪评级机构,穆迪的工作就是用字母给证券评级,这有点像银行,但还是有区别,因为他并不发放贷款
-
Now, part of the problem is that the rating agencies were rating their securities that they were investing in as AAA, in many cases.
同时存在的一个问题是,信用评级机构对他们投资的,大部分债券都给予了AAA的评级
应用推荐