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1、xx考研英语阅读理解精读100篇(19)textnineteenwhenthereisbloodinthewater, itisonlynaturalthatdorsaifinsswirlaroundexcitedly. nowthatamerica、' shousingmarketisailing, predatorshavetheirsightsonthecoimtry、scredit-cardmarket analystsatgoldmansachsreckonthatcredit-cardlossescouldreach$99billionifcontagionspreadsf

2、romsubprimemortgagestootherformsofconsumercredit signsofstrainareclearlyvisible therearerisesinboththechargeoffanddelinquencyrates,whichmeasuretheshareofbalancesthatareuncollectableormorethan30dayslaterespectively. hsbcannouncedlastmonththatithadtakena$1.4b订lionchargeinitsamericanconsumer-financebus

3、iness,partlybecauseofweaknessamongcardb orrowers.itistooearl ytopanic, th ough.charge -offsanddelinquenciesarestilllow.accordingtomoody、' s, aratingagency,thethird-quarterdelinquencyrateof3. 89%wasalmostafullpercentagepointbelowthehistoricalaverage thedeteriorationinratescanbepartlyexpl america、

4、' sp abruptfalli ountforabig roffilings ( ingagain, whainedbytech ersonal-ban nbankruptcy chunkofcred andthuscharetherornotonicalfactor kruptcylaws filings, whi it-cardloss ge-offrates verallcondirowerswereg ettingworse theindus tryalsorepo rtssolidpayhichshowhow hmonth. andc dsecurities ercorne

5、rsof towergroup,muchoftheir onfidencein isprettyfir structuredf aresearchfidebtconsume credit-card mdespitepar inance denn rm, predictss.achangein inxxledtoan chinturnacc es;thenumbe )wouldberis tionsforbormentrates, w rspayoffeac asset-backe alysisinoth ismoroneyof thatissuancevolumesfor xxwi 11 en

6、dup being25%hig herthanlast year.dire ctchannelso finfectionb etweenthesu bprime-mor t gagecrisisa. ndthecredit -cardmarket certainlyexist:consume ddebtnowtha ardissuersl s, sofalling rachangeinb yevenworktorsarelikeli thome-equit ookatcashf1 houseprices orrowers,c issuers、' adertoloadupo yloans

7、aredr owrathertha donotnecess reditworthi vantage thencredit-car yingup bute nassetvalue arilytrigge ness. theyma. incentivesforconsumerstokeeppayingthemortgagedecreaseifpropertiesareworthlessthanthevalueoftheloan;carddebtriseshigherupthelistofrepaymentprioritiesasares ult.cardissuersarealsoabletore

8、spondmuchmoreswiftlyandflexiblytostormierconditionsthanmortgagelendersare, bychanginginterestratesoralteringcreditlimits. thatshouldintheoryreducetheriskofarapidrepricingofassets.“ wearenotgoingtowakeuponedayandtotallyrevaluetheloans, ”saysgaryper lin, capital oneschief financialof ficer.ifa suddens

9、ubpr ime-styleme itdowninthe credit-card marketisimp robable, the risksofasus taineddownt urnaremuchm orereal ifl owerhousepr icesandac ontractioni ncreditpush americainto recession,t heindustryw illundoubte dlyfaceagri mmerfuture keepwatchin gforthosedo rsalfins 1. theauthorma kesmentiono fdorsalfi

10、ns whichareirr elevanttoth etopicinord erto.makepeople alerttothep otentialdan gerattrac tthereaders , attentionb ypresenting aninteresti ngphenomeno nmakepeop lerealizeth egravenesso ftheissueby showingasim ilarcasem akethepassa gemorevivid byimparting newknowledg etoreaders2.risesint hecharge-of fanddelinqu encyrateind icate.thedeteri orationofth esubprimemo rtgagethe inadequatea bilityofcar dborrowerstheinfluen ceofthetech nicalfactor sthechang einrelevant laws3. acc ordi

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