...明以为，就经济本质而言，股票和债券究竟上很是相似，股票不外是穿戴股票的外套来到华尔街化妆舞会的“股本债券”（equity bond），多年来股本成本回报率保持不变而且趋向12%。因为股票的本质与债券很是相似，股票受通胀的影响也很是大。
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银行应该被强制要求在融资时大幅度提高股本和其他风险资本的金额——也许利用那些在遇到状况时能够自动转化为股本的债券。
Banks should be forced to fund themselves with a lot more equity and other risk capital—possibly using bonds that automatically convert to equity when trouble strikes.
被私人股本公司收购的丹麦商业信息公司VNU,被迫交纳了比银行与起得多得多的债券交易费用。
VNU, a Dutch business-information company bought by a private-equity consortium earlier this year, was forced to pay more on a bond deal finalised this month than bankers had expected.
由于缺席者的存在，JPMorgan的债券指数中只包括14个成员，而MSCI的股本证券指数中却包括21个成员国家和地区。
These exclusions leave JPMorgan's bond index with 14 members, compared with the 21 countries in the MSCI equity index.
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