On Tuesday,Geithner told Congress that the government must have the authority to seize non-bank entities, arguing that massive destabilizing dangers can come from financial institutions - a lesson learned from the rescue of American International Group,or AIG, a giant insurer that received a $180 billion taxpayer bailout.

VOA: standard.2009.03.25

The lesson is, I think, that we have a glamour-city phenomenon-- that excitement about real estate prices-- centered in places like Los Angeles, but it's spreading and becoming more and more of a national phenomenon and that's the bubble.

我想,教训就是,一种"魅力之都"现象,刺激了房地产的繁荣,起始于像洛杉矶这种城市,随后广为扩散,逐渐演变成一种全国性的现象,这就是泡沫

耶鲁公开课 - 金融市场课程节选

The lesson is, I think, that we have a glamour-city phenomenon-- that excitement about real estate prices-- centered in places like Los Angeles, but it's spreading and becoming more and more of a national phenomenon and that's the bubble.

我想,教训就是,一种"魅力之都"现象,刺激了房地产的繁荣,起始于像洛杉矶这种城市,随后广为扩散,逐渐演变成一种全国性的现象,这就是泡沫

耶鲁公开课 - 金融市场课程节选