This means that if France were to lose its topcredit rating-the latest fear in the markets-the EFSF would lose a big chunk of its lending capacity (or its AAA rating).
Similarly, the financial bubble, piling credit on top of credit, got rich on self-affirmation.
同样,金融泡沫在信用的顶点上堆积信用,靠自欺欺人来发家致富。
3
The fund dealt only in mortgage-backed securities with top-notch credit-ratings, and not the subprime market, indicating how far the credit crisis has spread.