损失惨重的

Center is located at the vortex of the financial crisis in the hedge fund industry suffered heavy losses, at least 350 were out of funds (including hedge funds Peloton Partners in London's size 1.8 billion U.S. dollars of hedge fund ABS Fund, another total Department of the London-based hedge fund MKM Longboat Capital Advisors LLP has no choice but to shut down its 1.5 billion U.S. dollars of the multi-strategy fund).

中心是在对对冲基金行业的金融危机的旋涡中位于损失惨重，至少有350人进行资金（包括对冲基金在伦敦的尺寸1.8亿美元的对冲基金获取和惠益分享基金美元珀莱东伙伴另一位伦敦总部的对冲基金资本顾问威宝朗伯特事务所别无选择，只能关闭其15亿美元的多策略基金）。

The sad fact is that most major acquisitions display an egregious imbalance: They are a bonanza for the shareholders of the acquiree; they increase the income and status of the acquirer's management; and they are a honey pot for the investment bankers and other professionals on both sides. But, alas, they usually reduce the wealth of the acquirer's shareholders, often to a substantial extent. That happens because the acquirer typically gives up more intrinsic value than it receives. Do that enough, says John Medlin, the retired head of Wachovia Corp., and you are running a chain letter in reverse.

很遗憾的是，大部分的购并交易案都充满了不公平性，对于被购并方来说，算是得到解脱，购并一方的管理阶层则名利双收，旁边的投资银行家与专业顾问也都能跟着大捞一笔，只不过真正受害的却是购并方背后全体的股东，他们损失惨重，原因在于购并公司最后所得到的实质价值通常远比得到的低，就像是Wachovia公司已退休的领导人John Medlin说，这种事做太多，就好象是在倒写连锁信一样。

Considerable damage was done at Pearl Harbour and there were numerous casualties.

珍珠港遭受了相当严重的损失，伤亡惨重。

Certainly have not suffered loss, Li is a former British Hong Kong government is one of Li Ka-shing is indeed business Wizards, in the case of real estate are constantly rising had considered restructuring and the transfer of assets, has bought some foreign quality assets, telecommunications companies such as Germany orange shares, the New Jersey ports, the Panama Canal shares, and Hong Kong Cyberport aggressively into the building, will tentacles stretching the transformation and upgrading of telecommunications, Li Ka-shing is the only person in his fox, and many people are of the view that is Li and the former British Hong Kong government to give them weaving a better future, a beautiful dream, and Tung took office play his body more healthy, more destructive power of the strong characteristics of this beautiful dream hit a smash, this is one is caught, the onlookers-to the real estate collapse of the responsibility of all to Mr Tung who is totally unjustified, Although Mr Tung to the mainland, Beijing has followed some acts are in the eyes of some people, but to objectively evaluate, Dong is a honest kind of person, he is inadvertently let Tianzao point that the arrival and the day is certainly coming, the night time, the more devastating losses, Originally, the intention is that Mr Tung real estate prices trend eased, and then the case now almost Shanghai, prices every quarter on a 20% increase, almost all Hong Kong people have been crazy, and just opened a new development, the stage has long been ranked team to effectively alleviate this situation, the new SAR government changed in the past starvation effect of land supply policy, a substantial increase in the level of land supply in order to stabilize high land prices, while the Yuen Long, New Territories into the new City of mass construction, the expansion of public housing, housing construction plan (equivalent to our low-cost housing, economic applicable housing), if no major accident These measures should ensure that real estate to landing, but nobody thought that 98 years of financial turmoil, Hong Kong dollar devaluation Suoluosiming gambling, but the call foul silent do real estate, stock market doing transactions, the use diversionary tactics tactical let him return home with a full load, although the SAR government have been successfully defend the Hong Kong dollar does not depreciate, but the housing market and stock market watch.

当然也有没受损失的，李嘉诚算一个，前港英政府也算一个，李嘉诚不愧是商界奇才，在房地产不断攀高的情况下就已经考虑资产的转型和转移了，先后购买了一些外国的优质资产，如德国橙电信公司的股份、新泽西的港口、巴拿马运河的股份，并大张旗鼓地投入香港数码港的建设，将触角伸进香港电信的升级改造，李嘉诚做人方面堪称是只老狐狸，很多香港人都认为，是李嘉诚和前港英政府给他们编织一个美好的前程、一个美丽的梦，而小董上台后发挥他那身体越健壮、破坏力越强的特点，将这一美丽的梦击个粉碎，这正可谓是当局者迷、旁观者清，将香港房地产崩溃的责任全部归咎于董建华身上，是完全没有道理的，虽然董建华在靠近大陆、追随北京方面有些行为在港人眼里是过了一些，但客观地评价，董是一个老实厚道的人，他只不过是无意中让那一天早一点到来，而那一天是肯定会到来的，时间越晚，损失越惨重，本来董建华的初衷是希望房地产上涨的趋势有所缓解，当时香港的情形与现在的上海差不多，房价每隔一个季度就上涨20%以上，几乎所有的港人都为之疯狂，新楼盘刚开张，台前早已排起长长的队伍，为有效地缓解这一局面，新上任的特区政府一改以往饥渴效应的土地供应政策，大幅度地增加一级土地的供应，以平抑高昂的地价，同时宣布元朗、新界等新城区进入大规模建设，扩大政府公屋、居屋营建计划（相当于我们的廉租房、经济适用住房），如果没有大的意外，这些措施应该能保证房地产的缓着陆，但谁也没想到，98年的金融风暴，索罗斯明赌港币贬值、暗里却大做不动产、股市空头交易，这一声东击西的战术让他满载而归，虽然特区政府成功地实现了捍卫港币不贬值的目标，但香港的房市、股市从那一刻起，一败涂地。

As risk has become bewilderingly dispersed, so too has information. Nobody yet knows who will bear what losses from mortgages—because nobody can be sure what those loans are really worth. Nobody knows if tighter lending standards will oblige borrowers to raise more capital, triggering more sales in stockmarkets and more pain. Nobody knows how messy the inevitable bankruptcies will turn out to be.

风险迅速扩散，信息也迅速传播，没有人知道谁会在抵押贷款中蒙受损失——因为没有人能确定手头的贷款值多少钱；没有人知道，如果货币政策会不会紧缩，那样借款人要付更多的钱，大家会抛出股票，损失更加惨重；没有人知道不可避免的银行破产会造成怎样的混乱局面。

Sichuan established socialistic youth group namely 1922, was born in October 1923 the first party organizes Sichuan group of independence of ── Chengdu, revolutionary kindling is in from now on Ba Shu earth is rooted and gemmiparous, thrive, although suffer Kuomintang frequently,incomplete destroys the brutal break of reactionary clique disastrous rebuild for many times again however restore, led the armed fight of impetus huge and revolt, made important contribution for the liberation of the victory of Chinese revolution and Sichuan.

&天府之国&的四川，人民有着光荣的革命传统。1922年四川即建立了社会主义青年团，1923年10月诞生了四川第一个党组织──成都独立小组，革命的火种从此在巴蜀大地生根发芽，茁壮成长，虽然屡次遭受国民党反动派的残酷摧残破坏损失惨重却又多次重建恢复，领导了声势浩大的武装斗争和起义，为中国革命的胜利与四川的解放做出了重要的贡献。

The scale of appraisal agency became larger and the work expanded rapidly, but the market of appraisal entered into unordered and confused state of competition, quite of existing problem in the trade of appraisal appears day after day.But with the scale of agency enlargement and its business growth rapidly, some wrong was exposed gradually, some assets appraisal agency lack the effective quality controlling system, which lead to some operation violably, phenomenon of result deviate from fact seriously taking place occasionally. These results not only bring heavy loss to investor but also harm the social image of the trade of asset appraisal seriously.

然而，随着资产评估业务的增长和评估机构规模的扩大，逐渐暴露出一些问题，某些资产评估机构内部缺乏有效的质量控制制度，导致违规操作、评估结论严重偏离客观事实的现象时有发生，不但给投资者带来了惨重的损失，也使资产评估业的社会形象受到了严重的损害。

But in pharmaceutical, computer, and gradually all hi-tech industries, the cost of research, development, stylizing, licenses, patents, copyrights, marketing and customer support -- the service component -- are increasingly substantial.

在今天，单单一个产品，哪怕是超级产品，也已经不足以支持一个公司很长的时间。世界翻涌得太快，结果那些新发明的替代产品、逆推式设计、克隆、可以让弱势产品繁荣昌盛的第三方附件，还有迅速变化的各种标准（Sony虽然在Beta VCR上损失惨重，但仍然有可能在8毫米磁带上势不可挡）联合在一起，全都想绕过传统的主宰获得路径。

Natural mortality reduced the number of patrician families over the years, and since patricians were inclined to uphold the senatorial oligarchy against the ambitions of people like Caesar and his heir, they suffered large losses during the civil wars of the late Republic.

年复一年，自然的死亡减少了氏族贵族家族的数目，而由于他们倾向于保持元老院的寡头政治而反对凯撒及其继承人的野心，氏族贵族在共和末年的内战中损失惨重。

The ancient city is taken; the Russian army suffers greater losses than were ever suffered by the opposing armies in the previous wars from Austerlitz to Wagram.

京城沦陷，俄军的损失比敌军先前从奥斯特利茨到瓦格拉木历次战争所受的损失还惨重。

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。

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