• In the SIV contract, there was some language that implied that if the SIV ever went bankrupt, the bank would come back and rescue them.

    结构投资公司的合同中包含着这样的条款,如果结构投资公司破产,银行会拯救他们

    耶鲁公开课 - 金融市场课程节选

  • Machiavelli speaks of the prince, while Hobbes speaks of the sovereign, that is a kind of impersonal or in Hobbes' language, artificial power created out of a contract.

    马基雅维利探讨君主,而霍布斯则探讨主权,这算是不受个人感情影响的,在霍布斯的说法里,君主的权力是由契约产生的。

    耶鲁公开课 - 政治哲学导论课程节选

  • We have to realize that people don't read all the fine print and don't understand -if you have a precisely written contract in legal language, maybe they don't get it.

    大众不愿阅读也无法理解,那些晦涩的法律条文,一份由法律术语写成的合同,对大众来讲无异于一部天书

    耶鲁公开课 - 金融市场课程节选

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