北岩银行新任管理层也不见得比原管理层更出色（北岩银行曾经是一家老迈、毫无生气的住宅抵押贷款提供商，而上届管理层将其创新性地成功转型为证券化巨头并因此获得了巨大荣誉）。

The bank's new bosses may yet prove to be no better than its old (who were once feted for their innovation in transforming a sleepy old building society into a securitisation dynamo).

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在一连串无约束的国有银行贷款的扶持下，过去一年某些地区楼价大幅飙升再创新高。

In the past year property prices have surged to new highs in some places, helped by a torrent of carefree lending from state-run Banks.

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银行长时间小心翼翼地给他们借贷，是想阻止大多数创新者成长为巨人。

Banks have long been wary of lending to them, preventing most innovators from growing into giants.

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Banks respond to these pressures by coming up with all kinds of creative instruments, re giving permissions to take..

银行迫于压力,开发了,多重创新金融产品，政府允许他们，they’

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