• It has to behave in an honorable way for everyone; it has to live up to its contract.

    它必须对每个人都不偏不倚,必须实现合同所述条款

    耶鲁公开课 - 金融市场课程节选

  • Businesses of course can't actually invest in the lottery -that would be contrary to the terms of their loan -but they can do similar things.

    当然了,企业是不能拿贷款去买彩票的,这会有悖于贷款的合同条款,但他们可能会去做类似的事

    耶鲁公开课 - 金融市场课程节选

  • In the SIV contract, there was some language that implied that if the SIV ever went bankrupt, the bank would come back and rescue them.

    结构投资公司的合同中包含着这样的条款,如果结构投资公司破产,银行会拯救他们

    耶鲁公开课 - 金融市场课程节选

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