But these were not normal times. He expected firms not to make unreasonable collateral demands, or calls for extra cash or securities to back up loans, and to trade in good faith with Bear.
然而,现在是非常时期,他希望各机构在与贝尔斯登交易时不要提出不合理的资产抵押要求,或要求额外现金和证券为贷款提供担保,并要以诚信原则与贝尔斯登进行交易。
If you put a property up as collateral, then the lender knows that they can get the money back from you.
如果你以资产作抵押,贷方就知道债务偿还有了保障。
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