To some extent, the subprime crisis is a failure of Basel II, which is not even fully born yet.

从某种程度上讲,次贷危机就是新巴塞尔协议的一次失败,该协议甚至还没有正式生效

耶鲁公开课 - 金融市场课程节选

For Savings and Loans, they had an organization called the FSLIC, which is now defunct because of this crisis -Federal Savings and Loan Insurance Corporation -it was insuring deposits of Savings and Loans.

针对储蓄贷款协会,他们成立了一个名为FSLIC的组织,由于次贷危机,该组织已经不复存在了,...全称是联邦储蓄贷款保险公司,它为储蓄贷款协会的存款进行保险

耶鲁公开课 - 金融市场课程节选