Rather than have the government regulate, we have an industry organization that does it so that the government doesn't have to.
与其由政府出面监督,不如由行业监督组织去进行监管,因此不需政府出头
The governments need to step up.
政府需要出面。
You don't have to petition the government to do something.
你不必再去请求政府,出面做什么事情。
This puts the British Government in an embarrassing situation of owning a failing mortgage lender, so they've got to now be the government collecting on all these mortgages; it's a mess.
承认其银行抵押贷款出现严重问题,着实令英国政府颜面扫地,所以现在不得不由政府出面,收购所有这些抵押贷款,真是一团乱
Well,the only people who would buy it are people who trust the bank that supports it, so in effect, the bank is promising to bail out the SIV if it should get in trouble.
只有人们相信设立SIV的银行的时候,他们才会去买SIV发行的票据,所以实际上,银行已经作出承诺,如果SIV陷入麻烦,银行会出面解决
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