2009 S2S Final Exam Maths Solutions (2009.11.02)

最后更新 :2009.11.02   13:46

2009 Final Examination Solutions

为什么不好好睡觉,早早起来干么?

36 thoughts on “2009 S2S Final Exam Maths Solutions (2009.11.02)

      • 孤注一掷 gūzhù-yīzhì

        [risk everything in a single venture;put all one’s eggs in one basket]
        赌徒冒险尽其所有做赌注,以决最后胜负。比喻在情况危急时,竭尽全力作最后一次冒险的行为

        外国有一种在影片中扮演替身角色的人,冒险是他们的家常便饭,为了维持生活,他们不惜以生命作孤注一掷

    • 你指的是以下的事件吧!

      CIT’s Bankruptcy Lesson
      Treasury proves it can’t identify systemic risk.

      The $2.3 billion of Troubled Asset Relief Program money that will likely be lost in the bankruptcy of commercial lender CIT is hard to swallow, but it may be the most instructive loss taxpayers absorb all year.

      Just as the Treasury Department is urging Congress to junk the bankruptcy process and hand over virtually unlimited bailout authority to the executive branch, CIT is proving two things: Bankruptcy works—even for financial firms—and the U.S. Treasury judges systemic risk out of its political hip pocket.

      Treasury provided the $2.3 billion TARP injection last December. Then when CIT was on the ropes last July, Treasury urged the Federal Deposit Insurance Corp. to provide debt guarantees to help the company raise capital. Treasury made the case that a CIT failure posed a systemic risk given the number of small and medium-sized companies that rely on CIT for short-term financing.

      We argued against this in July. More importantly, FDIC Chair Sheila Bair rejected it. Since her wise decision, CIT has been providing a laboratory to observe the recuperative pain of bankruptcy in an experiment uncontrolled by politicians.

      With no federal lifeline coming, the company’s major bondholders quickly agreed to a $3 billion secured loan facility and the company began restructuring its liabilities. It became clear that bankruptcy would be necessary and the company recently gained the support of almost 90% of its voting debt holders for a prepackaged reorganization plan that could allow the lender to emerge from Chapter 11 by the end of the year.

      While the holding company declared bankruptcy on Sunday, its operating subsidiaries remain outside Chapter 11 and continue to serve customers. Some are choosing to continue with CIT, others are choosing to go with a competitor. Armageddon it is not.

      Bankruptcy is a process under the rule of law that is demanded by the Constitution. “Markets not ministers,” says former SEC Chairman Richard Breeden in summing up his preference for bankruptcy guided by judges over interventions crafted by politicians. Let’s hope CIT’s example brings the former back into fashion.

  1. 《说好了。。分红呢?》
    怎么了
    五点了
    说的考卷呢?

    不说了
    上车了
    梦飞了完蛋了

    “改编自周杰伦《说好了幸福呢?》副歌部分?

  2. haiz
    原来酱多人来看solution啊
    真的是喔
    老师改松点
    可以给的尽量给分
    善有善报
    善恶到头终有报
    人生在世几十年
    积多一点阴德~~

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