投资者想要获得额外保护，但却导致了信用恶化，营业下滑。
Investors' desire for extra protection has made the contraction of credit worse.
现在，如果投资者认为某公司的信用状况会恶化，他可以买入该公司债券的CDS，不论是否持有该公司债券。
Now investors who believe that credit conditions will deteriorate for a particular company can buy a CDS on the bond, whether or not they own it.
两者对于恶化信用的坏账准备间也存在异见，美财会委再次提出更激进的提案。
The two also differ on how banks should reserve for deteriorating credit, with FASB again putting forward the more radical proposals.
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