细心阅读你想购买的“应付抵押票据”的协议书。
Review carefully the mortgage agreement of any bank notes that you want to purchase.
企业在购置某些不动产和设备时,往往是通过发行抵押票据的方式来筹集资金的。
Purchase of real estate and certain types of equipment often are financed by the issuance of mortgage notes payable.
These mortgages were given out to people that couldn't afford them and today you have what you call subprime mortgages--subprime paper They issued against this paper stuff called mortgage-backed security. They securitized them and these things are all floating around now.
我们发放这些抵押贷款给那些买不起房子的人,所以现在你们看到了一种你们叫做,次级抵押贷款的金融工具--次贷票据,他们把这种票据叫做,有抵押证券,他们把有抵押证券证券化,这些证券现在在市场上被多次交易,广为流通。
And all of a sudden he had a crisis Well, I'm not going to get into the depth of it but our banks, because they wanted to make more and more money--and our investment bank, Wall Street--kept issuing different paper against mortgages so it made it simple to give a mortgage.
突然间危机降临在了他的头上,嗯~我不想继续深谈这个问题,但是我们的银行,由于它们想,赚越来越多的钱--还有我们的投行,华尔街--一直都在发行各种各样的抵押贷款票据,那样抵押贷款变得更加容易。
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