由东京设计的新概念将是一个没有资金的基金（a fund with out funds）。根据东京的新概念，那将是一个营救性机构，能以很快的速度，有计划预先调动资金，援助那些受到国际投机者狙击的货币。
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但是十年前，联储帮助组织了对“长期资本管理”的援救，这是一个对冲基金，没有公众资金的介入。
But ten years ago the Fed helped organise the rescue of Long-Term Capital Management, a hedge fund (although no public money was involved).
而这时候那些资金充裕但与各大跨国银行没有太多关系的主权财富基金却在一旁观望。
The sovereign wealth funds, flush with cash but not as tightly linked to global Banks, stayed largely on the sidelines. But now, the landscape has changed.
基金的官员们坚持一切都没有问题。他们说资金的支付总是在承诺支付款项之后才能得以兑现的。
Officials at the fund insist that all is fine: disbursements always lag commitments and money can be released only if it will be spent effectively.
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