Excessive borrowing by Banks was one of the major causes of the financial crisis, leading to catastrophic bank runs in 2008 at firms including Bear Stearns Cos. and Lehman Brothers.
银行的过度借贷是造成金融危机的主要原因之一,2008年曾造成贝尔斯登(Bear Stearns Cos。)和雷曼兄弟(Lehman Brothers)等公司的灾难性银行挤兑。
It had been a rough day, but when Alan Schwartz headed for home on Friday, March 14, the Bear Stearns Cos. chief executive thought he'd have a month to find a buyer for his teetering firm.
星期五(3月14日)是艰难的一天,但是当艾伦·施瓦茨(Alan Schwartz)准备回家时,他还认为自己有一个月的时间为这家摇摇欲坠的公司寻找买家。
The Federal Reserve Bank of New York lifted a veil of secrecy on the troubled mortgage assets it purchased as part of the 2008 rescues of Bear Stearns Cos. and American International Group Inc.
美联储纽约分行揭开了在2008年救助贝尔斯登(Bear Stearns .)和美国国际集团(aig)期间收购的不良抵押贷款资产的神秘面纱。
JPMorgan acquired Washington Mutual last month after the bank became the largest in the nation's history to fail. EMC was a mortgage unit of Bear Stearns Cos., which JPMorgan acquired in February.
上月,华盛顿互惠银行成了美国历史上最大的一桩银行倒闭案,被摩根大通收购,EMC是贝尔斯登的按揭抵押贷款部门,贝尔斯登在二月份被摩根大通收购。
JPMorgan acquired Washington Mutual last month after the bank became the largest in the nation's history to fail. EMC was a mortgage unit of Bear Stearns Cos., which JPMorgan acquired in February.
上月,华盛顿互惠银行成了美国历史上最大的一桩银行倒闭案,被摩根大通收购,EMC是贝尔斯登的按揭抵押贷款部门,贝尔斯登在二月份被摩根大通收购。
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