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Derivatives also create a daisy-chain risk that is akin to the risk run by insurers or reinsurers that lay off much of their business with others. In both cases, huge receivables from many counterparties tend to build up over time.(At Gen Re Securities, we still have $6.5 billion of receivables, though we've been in a liquidation mode for nearly a year.) A participant may see himself as prudent, believing his large credit exposures to be diversified and therefore not dangerous. Under certain circumstances, though, an exogenous event that causes the receivable from Company A to go bad will also affect those from Companies B through Z. History teaches us that a crisis often causes problems to correlate in a manner undreamed of in more tranquil times.
衍生性金融商品交易也有可能造成骨牌效应的风险,这是因为许多保险业及再保业者习惯将风险分散给其它保险公司,在这类的情况下,钜额的应收款项将随着交易对象的日趋复杂而持续累积,(以通用再保证券来说,虽然已经经过将近一年的清算期,目前仍有高达65亿美元的应收款项流通在外),交易的一方或许对于自己相当有信心,认为其钜额的信用风险已经经过适度的分散,因此不会发生任何危险,只有等到某种特殊状况下,一个外部事件导致 A 公司的应收帐款发生问题,从而影响 B 公司,乃至于一路到 Z 公司,历史教训告诉我们危机的发生往往是我们在太平盛世时所梦想不到一连串问题串连所导致的。
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The need to meet this demand can then throw the company into a liquidity crisis that may, in some cases, trigger still more downgrades. It all becomes a spiral that can lead to a corporate meltdown. Derivatives also create a daisy-chain risk that is akin to the risk run by insurers or reinsurers that lay off much of their business with others. In both cases, huge receivables from many counterparties tend to build up over time.(At Gen Re Securities, we still have $6.5 billion of receivables, though we've been in a liquidation mode for nearly a year.) A participant may see himself as prudent, believing his large credit exposures to be diversified and therefore not dangerous. Under certain circumstances, though, an exogenous event that causes the receivable from Company A to go bad will also affect those from Companies B through Z. History teaches us that a crisis often causes problems to correlate in a manner undreamed of in more tranquil times.
衍生性金融商品交易也有可能造成骨牌效应的风险,这是因为许多保险业及再保业者习惯将风险分散给其它保险公司,在这类的情况下,钜额的应收款项将随着交易对象的日趋复杂而持续累积,(以通用再保证券来说,虽然已经经过将近一年的清算期,目前仍有高达 65 亿美元的应收款项流通在外),交易的一方或许对于自己相当有信心,认为其钜额的信用风险已经经过适度的分散,因此不会发生任何危险,只有等到某种特殊状况下,一个外部事件导致 A 公司的应收帐款发生问题,从而影响 B 公司,乃至于一路到 Z 公司,历史教训告诉我们危机的发生往往是我们在太平盛世时所梦想不到一连串问题串连所导致的。
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Pipto {pip'-to} a reduplicated and contracted form of peto {pet'-o},(which occurs only as an alternate in certain tenses), probably akin to 4072 through the idea of alighting; TDNT - 6:161,846; v AV - fall 69, fall down 19, light 1, fail 1; 90 1 to descend from a higher place to a lower 1a to fall 1a1 to be thrust down 1b metaph.
相关经文回前一页 4098 pipto {pip'-to}由 peto {pet'-o}的重覆拼法加缩写而来,,可能在伏下,栖息的意义上和 4072 相近; TDNT - 6:161,846;动词 AV - fall 69, fall down 19, light 1, fail 1; 90 1 由高的地方降到低的地方 1a 跌落,落下由。。。
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; akin to Akin to puccoon
类似于 类似于 puccoon
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To the real McCoy, they feel that training is something essential to increase employee's productivity, and these institutions strongly encourage managers to plan and schedule employees to obtain the necessary training. Whereas for the followers (this may include some local banks and financial institutions), their attitude towards training is something akin to perks and benefits, where employees are perceived to gain more than the employers.
真正的顶尖金融公司认为培训是提高员工生产力的必要条件,因此这类公司鼓励经理们策划组织员工进行培训;而级别较低的金融机构则将培训看作对员工的福利,他们认为员工从中得到的好处要大于公司得到的。
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Akin to Perhaps akin to dialectal lurry
类似于 可能类似于方言 lurry
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The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities - that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future - will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight .
投资与投机之间永远是一线之隔,尤其是当所有市场的参与者都沉浸在欢愉的气氛当中时更是如此,再也没有比大笔不劳而获的金钱更让人失去理性,在经历过这类经验之后,再正常的人也会像参加舞会的灰姑娘一样被冲昏了头,他们明知在舞会中多待一会-也就是继续将大笔的资金投入到投机的活动之上,南瓜马车与老鼠驾驶现出原形的机率就越高,但他们还是舍不得错过这场盛大舞会的任何一分钟,所有人都打算继续待到最后一刻才离开,但问题是这场舞会中的时钟根本就没有指针!
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"The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities - that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future - will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There's a problem, though: They are dancing in a room in which the clocks have no hands."
投资与投机之间永远是一线之隔,尤其是当所有市场的参与者都沉浸在欢愉的气氛当中时更是如此,再也没有比大笔不劳而获的金钱更让人失去理性,在经历过这类经验之后,再正常的人也会像参加舞会的灰姑娘一样被冲昏了头,他们明知在舞会中多待一会也就是继续将大笔的资金投入到投机的活动之上,南瓜马车与老鼠驾驶现出原形的机率就越高,但他们还是舍不得错过这场盛大舞会的任何一分钟,所有人都打算继续待到最后一刻才离开,但问题是这场舞会中的时钟根本就没有指针!
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The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities - that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future - will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight.
投资与投机之间永远是一线之隔,尤其是当所有市场的参与者都沈浸在欢愉的气氛当中时更是如此,再也没有比大笔不劳而获的金钱更让人失去理性,在经历过这类经验之后,再正常的人也会像参加舞会的灰姑娘一样被冲昏了头,他们明知在舞会中多待一会-也就是继续将大笔的资金投入到投机的活动之上,南瓜马车与老鼠驾驶现出原形的机率就越高,但他们还是舍不得错过这场盛大舞会的任何一分钟,所有人都打算继续待到最后一刻才离开,但问题是这场舞会中的时钟根
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From Middle Dutch or Middle Low German ; akin to perhaps akin to Middle Dutch taken
源自 中古荷兰语与中古低地德语;类似于可能类似于中古荷兰语 taken
- 推荐网络例句
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Neither the killing of Mr Zarqawi nor any breakthrough on the political front will stop the insurgency and the fratricidal murders in their tracks.
在对危险的南部地区访问时,他斥责什叶派民兵领导人对中央集权的挑衅行为。
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In fact,I've got him on the satellite mobile right now.
实际上 我们已接通卫星可视电话了
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The enrich the peopling of Deng Xiaoping of century great person thought, it is the main component in system of theory of Deng Xiaoping economy, it is a when our country economy builds basic task important facet.
世纪伟人邓小平的富民思想,是邓小平经济理论体系中的重要组成部分,是我国经济建设根本任务的一个重要方面。