又是福德.doc

又是福德 American finance 美国金融 Fuld again 又是福德 Lehman Brothers jolts the market back to grim reality 莱曼兄弟的冲击使市场重回残酷的现实 AS THE Americas endure hurricane season, one storm has hit after another. It is the same in financial markets. Just as they were basking in the dramatic rescue-and effective nationalisation-of Fannie Mae and Freddie Mac, Americas giant mortgage agencies, a fresh storm was brewing over Wall Street. The already pummelled shares of Lehman Brothers, led by the pugnacious Dick Fuld, lost more than half their value in two days. Suddenly, there was the prospect of another major investment bank buckling six months after the loss of Bear Stearns. 随着美国飓风季节的来临，风暴接二连三地袭来。在金融市场同样也是如此。大家刚刚为一次引人注目的拯救行动–国有化房利美和房地美两个房贷抵押巨头– 而高兴，新的风暴已经笼罩在华尔街的上空。由好战的迪克福德领导的莱曼兄弟的股票，经受连续打击后，在最近两日内又跌去了一半多。贝尔斯登垮台六个月之后，突然间，又有一家主要的投资银行前景黯淡。 Shares of Washington Mutual (WaMu), the nations largest savings and loan bank, also slumped, amid fears that banks are running out of rescuers. 由于投资者担心美国银行业已经用尽救援资本，美国最大的储蓄和贷款银行–华盛顿互惠银行的股票也大幅下挫。 Lehmans latest problems stemmed from the departure of a Korean suitor, throwing into doubt its efforts to raise capital to ride out big losses on property, mortgages and leveraged loans. It sought to limit the damage by pre-announcing a $3.9 billion quarterly loss for the third quarter on Wednesday September 10th, which had been expected, and unveiling a number of strategic moves. These included spinning off up to $30 billion of commercial-property assets into an independent, publicly traded company. It also said it was close to agreeing the sale of a majority stake in its prized fund-management unit, including Neuberger Berman. 莱曼必威体育精装版的问题是源于一个韩国投资者的离去，因为它怀疑莱曼是否有能力筹集足够的资金来顶住由于房地产，抵押贷款和杠杆贷款而造成的巨大损失。莱曼为了减少损失而于9月10日预先发布公告：它在第三季度损将达39亿美元。这预计着莱曼下一步将有战略性的举动–包括将300亿美元的商业地产资产拆分拆出来成为独立的上市公司。莱曼同时也表示将要售出其备受珍视的基金管理部门的大额股份，包括纽伯格巴曼公司。 This was hardly startling stuff. It has not completed the deals, and as an obviously desperate seller, it has handed the potential buyers of the