资金

In 2003, Berkshire did $2 billion of such borrowing and re-lending, with Clayton using much of this money to fund several large purchases of portfolios from lenders exiting the business. A portion of our loans to Clayton also provided "catch-up" funding for paper it had generated earlier in the year from its own operation and had found difficult to securitize.

2003年，Berkshire以这样的方式借了20亿美元，并将这笔钱转借给Clayton，Clayton则将大部分的资金从有意退出此业务的金主手中买回应收帐款，其余的资金则用来弥补年前已发行的受益凭证，但由于后续无法继续发行所产生的资金缺口。

Subordinate wholy-owned or control a company bank account multifarious, capital precipitation phenomenon is more serious and relatively dispersive, the fund that delivers hair company to control a company harder to investing undertakes the palm accuses centralized, form capital dimensions advantage hard.

下属全资或控股企业银行账户繁杂，资金沉淀现象较严重且相对分散，投发公司较难对所投资控股企业的资金进行集中掌控，难以形成资金规模优势。2。

Money is the main element of enterprise's survival and capital flow affect the overall operation of enterprise, enterprise employee wages of fund management is an important part.

资金是企业生存的主要元素，资金的流动影响到企业的整体运作，企业员工的工资是企业资金管理的一个重要的组成部分。

12Funds are the key elements of business survival, capital flows affect the overall operation of enterprises, businesses, wages and fund management companies are an important component.

资金是企业生存的主要元素，资金的流动影响到企业的整体运作，企业员工的工资是企业资金管理的一个重要的组成部分。

College financial survival is the main element of capital flows affect the overall operation of colleges and universities, colleges and universities are the wages of the staff college fund management an important component.

资金是高校生存的主要元素，资金的流动影响到高校的整体运作，高校员工的工资是高校资金管理的一个重要的组成部分。

Funds are generally flat survival of the major components of capital flows affect a unit's overall operation. staff wages fund management is an important component.

资金是一般单位生存的主要元素，资金的流动影响到某个单位的整体运作，员工的工资是资金管理的一个重要的组成部分。

The fund is the enterprise survival principal element, the fund flows affects enterprise's whole operation, the enterprise staff's wages is an enterprise fund management important constituent.

资金是企业生存的主要元素，资金的流动影响到企业的整体运作，企业员工的工资是企业资金管理的一个重要的组成部分。

The fund is the enterprise survival principal element, the fund flows affects enterprise's whole operation, the enterprise staff's wages is an enterprise fund management important constituent. The early wages counts and

资金是企业生存的主要元素，资金的流动影响到企业的整体运作，企业员工的工资是企业资金管理的一个重要的组成部分。

The wages management needs to relate with the personnel management, The fund is the enterprise survival principal element, the fund flows affects enterprise's whole operation, the enterprise staff's wages is an enterprise fund management important constituent.

工资管理需要和人事管理相联系，资金是企业生存的主要元素，资金的流动影响到企业的整体运作，企业员工的工资是企业资金管理的一个重要的组成部分。

Since 2003 year, in two major ways, funds and lands have the governments macro-controlled the whole industry in order to keep the estate industries healthy and sustainable growth and evade the risk. Since funds and lands are the understructure upon which the estate companies have developed, the government control concerning them have made the whole industry faced a critical financing hardship. Consequently, many companies which used to extremely depend on bank credits are confronting the financial pressure. Many middle and small enterprises are even facing the problem of maintenance. Accordingly, under the background of the present macro-control, the debates and research over the diversity of estate companies' financing mode are abundant in its realistic meaning.

为了保持房地产行业健康、可持续发展，规避房地产金融风险，我国政府自2003年以来主要从资金和土地两个方面对房地产行业进行了宏观调控，由于资金和土地是房地产开发企业赖以生存的基础，多管齐下的调控措施打破了房地产开发企业原有的开发模式和融资模式，使得房地产开发企业普遍遭遇融资困境，过去以银行贷款为主要融资方式的房地产开发企业普遍面临资金压力，许多中小型房地产开发企业甚至面临生存问题，因此，在当前宏观调控背景下，探讨中小型房地产开发企业融资模式多元化问题具有很强的现实意义。

Plunder melds and run with this jewel!

掠夺melds和运行与此宝石！

My dream is to be a crazy growing tree and extend at the edge between the city and the forest.

此刻，也许正是在通往天国的路上，我体验着这白色的晕旋。