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The third rally started in March, after the fire sale Bear Stearns.
第三次开始于今年3月, 就在贝尔斯登(BearStearns)被廉价出售之后.
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The rescue of Bear Stearns, in particular, was a paradigm-changing event.
特别是(美联储)挽救贝尔斯登的事件改变了我们的思维模式.
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Consider what happened last Friday, when the Federal Reserve rushed to the aid of Bear Stearns.
看看上周五美联储匆忙出手援助贝尔斯登(Bearstearns)的事情.
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Bear Stearns stock sank as much as 50 percent before closing down 45.9 percent at $ 30.85.
贝尔斯登公司股票下跌了多达百分之50,最终以下跌百分之45.9收市,收盘价为$30.85.
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That is an apt description of the global investment environment up until Bear Stearns 2008.
那是对全球性投资环境的适当描述,直到2008年贝尔斯登事件发生.
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J . P . Morgan has agreed to guarantee all of Bear Stearns's trading obligations for 12 months.
摩根 大通 承诺对贝尔斯登的所有交易义务都提供一年的担保.
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CITIC, remember, came close to buying a small stake in Bear Stearns.
记住, 中国中信银行差一点买了一小份贝尔斯登股份.
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