Today, older and wiser, I have tremendous respect for the power of debt and the valueofcredit.
时至今日,随着年龄和智慧的增长,我对债务的力量和信用的价值都产生了巨大的敬畏之情。
2
Most investors were happy to buy products such as CDOs because they trusted the valueofcredit ratings.
多数投资者曾很乐于购买CDO等产品,因为他们信任信用评级的价值。
3
This deal, which was paid for mostly in cash, is the main reason that Royal Bank's balance sheet is so stretched (although writedowns on the valueofcredit derivatives have not helped).