When Warren made his investment in Salomon,
當沃倫投資所羅門時
I was one of the people, along with many, many others,who were quite amazed, because he had taken
我很很多人一樣 都非常驚訝
a very critical tone in talking about investment bankers and about their greed.
因為他對投行人士和他們的貪婪都是報以批評的態度
And here he was investing in one,Salomon Brothers,that was known to be a member of the club.
而他就投資了其中之一 所羅門兄弟 就是銀行成員之一
Warren and Charlie were on the board,
沃倫和查理在董事會上
and Charlie couldn't stand what was going on there and didn't like the culture at all.
查理不贊成所發生的事情 他不喜歡那種文化
And shortly after they got involved, the thing exploded.
在他們參與后不久 就出事了
In 1991 on a terrible day in August,
1991年八月 一個糟糕的日子
I got a call, and the two top officers of Salomon were on the other end, and they said that--that... "We have problem."
我接到一個電話 是兩名所羅門的高管打來的 他們說 我們遇到了問題
This is "NBC Nightly News."
這里是NBC晚間新聞
Good evening. It is the kind of scandal that rocks Wall Street and raises questions,
晚上好 這里是震動華爾街的新聞 反映了
questions about the integrity of our financial institutions.
我們金融機構的誠信問題
The giant securities firm of Salomon Brothers under investigation for improper trading of treasury bonds.
所羅門兄弟旗下證券公司正因長期債的不正當交易遭到調查
Salomon admitted it exceeded the limit of trading in government bonds,
所羅門承認超出了交易政府債券的限制
once by buying bonds in the name of a customer who didn't even know about the deal.
一次是由于使用不知情客戶的名義購買債券
Salomon Brothers is under investigation by the Treasury Department,the Federal Reserve, the SEC, and the Justice Department.
所羅門兄弟正遭到財務部的 美聯儲 美國證券交易委員會和司法部門的調查
But more important than the fate of the firm itself is the impact their actions could have on the public trust and on the credibility of the American market worldwide.
但是比公司造假本身更加重要的是 這種行為會對美國市場的公信度和可信性造成打擊