However, CSFB still refused to accept the bonds.

然而，第一波士顿银行仍拒绝接受债券。

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“He was good at fixing the infrastructure and the finances of the business, ” says Paul Lejuez, a retail analyst at CSFB, an investment bank.

瑞士信贷第一波士顿银行（CSFB）零售业分析师Paul Lejuez说：“保罗专擅基建及其财务方面。”

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The disputed matter was whether convertible bonds constitute "deliverable obligations" under the 1999 Definitions, Nomura had purchased protection under a CDS from CSFB on Railtrack.

有争议的是，1999年的定义下，可转换债券是否构成“交割的债务”，野村证券购买了第一波士顿的铁路公司的信用违约互换的保护。

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And property accounts for a lot of loans, too, close to 20%, according to csfb.

FORBES: Revolution by Block

Some analysts later downgraded the stock, as did CSFB, but not until May 2002.

FORBES: Massachusetts Finds CSFB 'Smoking Gun'

But the documents raise interesting questions not just about CSFB, but about the Massachusetts regulators.

FORBES: Massachusetts Finds CSFB 'Smoking Gun'