Too Big To Fail

Consider the "too big to fail" problem.

那就是彻底解决“太大而不能倒”的问题。

Their importance to the global economy has made them too big to fail, or to control.

四大对于全球经济的重要性，使得它们已经变得大到不能倒或大到不好控制。

That too big to fail banks have no business making.

那些‘大到不能倒’的银行无权下这样的赌注。

Remember that discredited term "too big to fail"?

还记得那个臭名远扬的“大到不能倒”吗？

Then there is the case of deposits in banks that are too big to fail.

还有一个问题是那些大到不能倒的银行里的存款。

They were too big to fail.

它们太大而不能倒闭。

No bank should be too big to fail.

不应有哪家银行是“大到不能倒”的。

Big as GM is, it probably isn't too big to fail.

通用尽管也够“大”, 但可能还大到“不能 倒 ”的地步.

First, we want to get rid of the problem of too big to fail.

首先，我们希望摆脱太大而不能倒闭的问题。

But, in reality, the problem of many banking systems being too big to fail remains.

但在现实中，很多银行系统大而不倒的问题仍然存在。

The view that large and complex financial institutions are too big to fail may be wrong.

认为复杂的大型金融机构规模过大、以至于不能倒闭的观点,可能是错误的.

But AIG was considered simply too big to fail.

但是拯救美国国际集团的理由却很简单，它被认为是太大而不能倒。

Financial authorities have extended an implicit guarantee to all institutions that are too big to fail.

金融当局已为那些“太大而不能倒”的机构提供了隐含担保.

It really is too big to fail.

的确是已经大到不能倒。

Hedge funds are not too big to fail.

对冲基金不会太大而不能倒闭.

Systemically important institutions are not the same as too big to fail.

具有系统重要性的机构不同于太大而不能倒闭的机构。

Critics say the law does doing nothing to solve "too big to fail".

批评者表示，这部立法无助于解决“大到不能倒”的问题。

They are the countries that are too big to fail – or to rescue.

这两个国家大到不能倒&也可以说大到难以拯救。

"Too big to fail" is an unstable system.

“大到不能倒”是一种不稳定的制度。

The too big to fail get bigger and bigger.

因太大而不能倒闭的银行越来越大了。

It is why financial institutions must never be too big to fail.

这就是金融机构永远不能过分扩大规模，否则就可能倒闭的原因。

It was considered too big to fail.

人们认为它太大了，所以不会失败。

That way, they'd be too big to fail.

那样的话，它们就足够大不会轻易倒闭。

These are that a company may be too interconnected to fail or too big to fail.

这两个担心是一家企业可能因相互联系太紧而不足以导致破产.或是太大而不会导致破产.

Some banks are too big to fail.

一些银行大而不能倒。

Third, get rid of too big to fail and too big to jail.

第三，摆脱大到不能倒以及大到不能判刑的思想。

Too big to fail, too big to save.

大到不能倒，大到救不了。

So, how do we design a new financial architecture hazard and the too-big-to-fail problem?

那么, 如何设计新的金融架构——此外还须改善决议机制 —— 才能解决道德风险和“大到不能倒”问题?

hardly a long-term solution to the problem of "too big to fail."

却几乎不包含什么长期对策来解决“大到不能倒”（too big to fail）的问题。

But our intuition is true: it is necessary to have strict limits on banks deemed too big to fail.

但我们的直觉是对的：对于被视为太大而不能倒闭的银行，确实有必要严加管制。