Again, there was a loss of confidence in the time of an economic crisis and people wanted to withdraw their money from the banks.

此外,在经济危机时期,投资者对银行失去信心,他们希望把钱从银行取出来

耶鲁公开课 - 金融市场课程节选

I went to the Ministry of Finance and we went to the Norges Bank, which is their central bank, and I think the answer I got from them was, yes you're right.

我去了财政部,我们也去了挪威银行，那是挪威的中央银行，而我觉得他们给我的回复是，你是对的。

耶鲁公开课 - 金融市场课程节选

But the FSLIC wasn't; it was sleeping at the switch, so it allowed banks in the United States -it was primarily Savings and Loans who did this -to make bad loans and they were playing this moral hazard game.

但是FSLIC没有如此,制度变换初期他们对一切放任不管,于是这让美国的银行...,主要指的是那些储蓄贷款机构...,发放不良贷款,他们开始参与这项充满道德风险的游戏

耶鲁公开课 - 金融市场课程节选