So, it really is -it really ought to be on the bank's balance sheet and it ought to be regulated by the bank regulators, but there was a failure to do that and that is the problem that we are in currently.
所以说,它确实该...,它应该反映在银行的资产负债表上,同时接受银行监管体系的管理,但这却没能实现,这就是我们目前面临的问题
This is...isn't this an example of kind of thing that... ? a socialist would refer to as market failure?
莫非这正好验证了。,社会主义者关于资本主义市场失效的理论?
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
There's sort of a period around the age of four, four and a half, where kids make the transition from failure to success.
儿童在大约四岁四岁半时,会发生从失败向成功的转变
So think about, I don't want to push this too hard but think about other games where people are communicating to fail, to avoid a failure of coordination.
我不想把问题说得太严重,我们不妨举一些沟通失败的博弈案例,或者说努力避免沟通失败
It may be a kind of failure to conduct the logic.
或许有着某种不合理性和错误。
But in fact, in his own way, he's talking about his inability ; to keep his child alive there; in a kind of metaphorical way, speaking of his failure to build a fence to last.
但事实上,以他自己的方式,他在诉说自己的无能,不能让孩子活下来;,以一种象征性的方式,谈论自己不能制作出一个一直在那的栅栏。
That was to protect depositors in the case of bank failure and it was a very important innovation because, at that time, there were huge runs on banks.
以保护储户在银行破产中免受损失,该机构的成立是个创举,因为那段时期,银行遭到挤兑
Boards always want to keep their price of a share up because if it starts to decline, the company could become a takeover target; it's viewed as a failure etc., etc.
董事们想将股价维持在高水准上,因为股价一旦下滑,公司很可能会成为收购目标,被人看做是决策失误等等
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