麻烦英语高手帮个忙翻译一下

来源：百度知道 编辑：UC知道 时间：2024/05/12 02:11:17
Unlike triage and panic control, the cleanup tasks of reprivatizing problem assets and
banking franchises and collecting payments from problem borrowers require careful rather
than quick decisions. In a rational crisis, the information that lowered bank asset values is,
by definition, broadly accurate. This means that liabilities tied to the lost value become
"junk" that regulators should promptly remove from bank balance sheets. The marketmimicking
standard of policy response asks bank supervisors to resort to the economic equivalent of a junkyard.
The junkyard's job is to identify worthless assets and liabilities as refuse and to dispose
of them quickly and efficiently. Officials are asked to do this not to punish anyone, but to
promote healthy incentives for subsequent investment and economic growth by clearing bank
balance sheets of stakeholdings whose claims on future upside returns would otherwise
distort future lend

Unlike triage and panic control, the cleanup tasks of reprivatizing problem assets and
banking franchises and collecting payments from problem borrowers require careful rather
than quick decisions. In a rational crisis, the information that lowered bank asset values is,
by definition, broadly accurate. This means that liabilities tied to the lost value become
"junk" that regulators should promptly remove from bank balance sheets. The marketmimicking
standard of policy response asks bank supervisors to resort to the economic equivalent of a junkyard.
The junkyard's job is to identify worthless assets and liabilities as refuse and to dispose
of them quickly and efficiently. Officials are asked to do this not to punish anyone, but to
promote healthy incentives for subsequent investment and economic growth by clearing bank
balance sheets of stakeholdings whose claims on future upside returns would otherwise
distor