"How do you make sure you are designing a system where you are going to constrain risk taking, you can prevent crises from spreading,and -- if a major institution managed itself to the edge of the abyss -- that we are able to put them out of their misery."
VOA: special.2010.04.16
So now, that was good, we managed to coordinate.
很好,我们协调成功了
and it was really sweet. We managed to get like a massive bit of cheese.
那次真的很贴心。我们得到了很大一块芝士。
But,it looks we've still managed to handle the situation quite well."
VOA: standard.2009.09.03
And also that we know that the zero does not count as a node, if per se I actually had managed to hit zero in drawing that, so the correct answer would be the bottom one there.
另外你们要知道零点不是节点,假设说我确实把零点画成0了,那正确的结果就是底下这个。
"We reacted very quickly and tried to prevent these characters from boarding on to the ship, but unfortunately by the time we reacted, some of them had already succeeded and accessed the ship and had even managed to reach the cabin crew area,"
VOA: standard.2009.09.26
We've managed to package subprime loans that we thought -some people thought--were terrible and sell them off to unwitting foreigners who didn't know.
我们将次级贷款打包,将这些烫手山芋,甩卖给我们不认识的外国冤大头
For the ten years ended June 30,2005, it returned 9.9% per year and then the average return for the actively managed equity fund was 9.6% per year, so we're back to that thirty basis points.
截至2005年6月30日的10年间,该指数年收益率为9.9%,而主动管理型股权基金的年平收益率为9.6%,我们落后30个基点
So we finally got tough and we got Paul Volker in there and central banks around the world all managed to get tough around that time and we killed inflation but it created a recession.
所以,我们最终强硬地实施,并且将保罗?沃尔克作为主席,世界各地的中央银行,全都在那段时期内严格的实施,最终我们消除了通货膨胀,却制造了经济衰退。
The U.S. Federal Reserve System was really a copy of the Bank of England thinking that, well, the Bank of England managed to prevent bank runs for all these years, let's create the Fed, which we'll talk about again later.
美国联邦储备制度,就是模仿英格兰银行而建立的,试想一下,由于英格兰银行在预防,银行挤兑方面一直都很成功,所以美国就效仿建立联邦储备,后面的课程再讲美联储
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