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You know, Baidu was founded at the beginning of 2000, and quickly NASDAQ reached its historical high of 5,000.
百度成立于2000年初，不久，纳斯达克指数创下5000点的新高。
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I think it's either at the end of my first year of law school or at the very beginning of my second year.
我想应该是在我读法学院的第一年末或是第二年初。
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In late 2005, early 2006, we all broke up into separate groups.
在2005年末和2006年初，我们分开进入了不同的组。
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But I started the adjustment when I started working work for Governor Bush in early 1999 as policy director.
但我一开始为布什工作,就开始调整了,那是在1999年初，我是政策司长。
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For example, like it has done recently if you've been following it earlier this year.
举个例子,如果你们今年关注股票市场的话,会发现今年年初的股票运动趋势非常戏剧化
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By the time Bush asked me to be his WHCF in early 2006, I had already long experience working for the president.
当布什让我做办公室主任时,也就是2006年初，我已经有很长的时间,和他一起工作了。
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The idea of a forward rate is that, implicit in that term structure is also a quote for the one-year rate, one year hence, because if you look at the two-year rate, can't you infer back what interest rates are going to be in one year?
远期利率隐含在期限结构中的,一年期利率报价,起息日是第二年初,因为如果你知道了两年即期利率,就可以很自然地推出一年即期利率
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