one is to look at the sequence of event, look at these sequence in October 29, stock market crashed, two month later, 9% unemployment peaked at 9%.

一种是看看事件发生的时间，看看顺序,10月29号，股票市场崩溃，两个月后，失业率上升到。

斯坦福公开课 - 经济学课程节选

For companies that we thought had backdated stock options, that we could buy their bonds at what they would trade for without this potential event of default.

对于那些我们认为已经追溯股票期权的公司，我们会在没有潜在违约风险下进行交易的价格,购买他们的债券。

耶鲁公开课 - 金融市场课程节选