由于抵押贷款证券所有者和相关人士重新以甩卖价格估计资产，所以他们资本正在减少—这会导致更多的甩卖和更多的减记。

As holders of mortgage-backed securities and the like revalue their assets at fire-sale prices, they are running short of capital-which can lead to further sales and more write-downs.

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该机构估计，英国的资产管理者期望减少成本约20%，就业人数减少10%。

The consultancy estimates that British asset managers are looking to reduce costs by around 20% and employment by 10%.

youdao

过高估计银行资产以及估量缺乏透明度延长了上一次危机。

A lack of transparency and overvalued bank assets prolonged the misery the last time.

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