The result will be excessive write-downs—as the stable value of assets is above today's distressed level.
结果将导致资产大幅度降价——应为稳定的资产价值高于现在的低价水平。
This will take time, more aggressive write downs of bad assets, and unfortunately probably more public capital.
这将需要时间，需要更积极的不良资产减记，以及不幸的是，可能还需要更多的公共资本。
As holders of mortgage-backed securities and the like revalue their assets at fire-sale prices, they are running short of capital-which can lead to further sales and more write-downs.
由于抵押贷款证券所有者和相关人士重新以甩卖价格估计资产，所以他们资本正在减少—这会导致更多的甩卖和更多的减记。
But too low a price would force Banks to take further write-downs associated with those assets, exacerbating their financial woes.
但如果价格过低，银行就得被迫进行与这些资产相关的进一步资产减计，从而加剧它们的财务问题。
It became increasingly clear that Bank of America's balance sheet also was packed with assets that faced bruising write-downs, these people say.
这些人士说，有一点越来越清楚，那就是美国银行的资产负债表上也有大量将来可能会面临痛苦的价值冲减的资产。
Direct or indirect exposures to toxic assets implied that they too had to record write-downs;
直接或间接持有有毒资产令法国银行也不得不蒙受损失，有的还很严重。
Direct or indirect exposures to toxic assets implied that they too had to record write-downs;
直接或间接持有有毒资产令法国银行也不得不蒙受损失，有的还很严重。
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