At the February 14th auction, Treasury bills were-- sixty-day treasury bills were sold and the auction price is given.

在2月14日的拍卖中,卖出了60天期国库券期,这里给出了拍卖价格

耶鲁公开课 - 金融市场课程节选

The problem is then that these were sold to low-income people, in many cases, who didn't understand what they were getting and that after two years the interest rate would reset up.

问题是贷款在一开始是发放给低收入人群,很多情况下,那些人并不理解这种贷款,或者说他们不知道利率在两年后会重设

耶鲁公开课 - 金融市场课程节选

Then from 1820 to 1860, the forty years before the war, an estimated roughly two million American slaves were sold to satisfy the need of slave labor in the great cotton kingdom of the growing Southwest.

之后从1820年到1860年,这战争前的四十年间,据粗略统计有大约两百万美国奴隶被出售,以满足西南部,这个日益增长的棉业帝国对奴隶劳工的需求

耶鲁公开课 - 美国内战与重建课程节选

In the 1920s, a lot of bogus stuff was sold -a lot of people were cheated -so after the stock market crash of 1929, it led to a movement for regulation.

在上世纪20年代,很多不合规的股票流入市场,很多人受骗,所以1929年的股市大崩盘,促使政府采取了一系列加强金融监管的行动

耶鲁公开课 - 金融市场课程节选

These were laws regulating how securities are sold.

这部法律制定了股票销售的规则

耶鲁公开课 - 金融市场课程节选