The bill provided 700 billion dollars to buy hard-to-value securities from banks.
VOA: special.2009.01.02
When they created margin rules that the seller had to be borrowing against securities. Just made more money when securities went up more value.
当我们发明保证金制度,卖空证券时需要交担保金,证券升值时能赚到更多钱。
The central bank also announced that it would purchase up to $750 billion of additional mortgage-backed securities, which lost value with the collapse of the U.S.housing market.
VOA: standard.2009.03.18
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