首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Read the following article from a newspaper and answer questions 19-25. For questions 19-25, choose the correct answer A, B,
Read the following article from a newspaper and answer questions 19-25. For questions 19-25, choose the correct answer A, B,
admin
2017-04-19
117
问题
Read the following article from a newspaper and answer questions 19-25.
For questions 19-25, choose the correct answer A, B, C or D.
Corzine’s Downfall
The collapse this week of the broker-dealer MF Global and the due punishment of its chief executive Jon Corzine, who resigned Friday, have been and will be put to many political and rhetorical purposes. MF Global’s bankruptcy has been called, possibly, the first domino in a potential collapse of the European banking system; in this rendering, it’s a rough analog to the failure, in the spring of 2008, of Bear Srearns, which warned the chaos of autumn. It might well be cast as a stimulus for more government regulation, or smarter regulation; to some, it might even be a case study in overregulation. Every rationale for regulation seems to contain, as yang to its yin, an argument that regulation is actually to blame.
Corzine’s downfall is an update on Icarus, all illustration of arrogance. It reminds us that leverage kills, that it is dangerous to pick up nickels in front of a steamroller, that risk is risky, that
pigs get fat while hogs get slaughtered
. It complicates the Democrats’ hopes of controlling anti-Wall Street fervor in the Presidential election, because Corzine has been one of Barack Obama’s most generous supporters-a possible future Treasury Secretary. The Republicans will not soon let this one go.
It certainly further stains the reputation of Goldman Sachs. Corzine, a former C.E.O. of Goldman, took over a company partially owned by the firm of another ex-Goldmanite, Christopher Flowers, and managed, in a year and a half, to destroy it, in part while resisting oversight from a government regulator. That regulator comes from the Commodity Futures Trading Commission, whose chairman, Gary Gensle, is also a Goldman alumnus.
It further damages the perception, or myth, that a becoming-a-partner at Goldman Sachs indicates brilliance, or insures success or a lifetime inclusion in the vampire-squid-piracy, although you can find whisperings of a conspiracy theory that Goldman planted Corzine at MF Global in order to destroy it — a notion that is almost as deceiving as it is ridiculous.
Corzane’s collapse is also an occasion for taking-pleasure-in-others’-suffering. It is an occasion for those among Occupy Wall Street’s 99 per cent, who’d be ready to pitchfork him to pieces. It is also an occasion for the tiny cowering minority, who may resent Goldman for its perceived arrogance or cunning, or who may question the conceited folly and civic harm of Corzine’s spending over a hundred million of his own money to get elected to public office. The sentiment, among his peers, was that Corzine wasn’t so great a trader to begin with. And the sentiment was also that in the years since he had left Goldman, his skills, such as they were, had got rusty or outdated.
It is ironic that Corzine blundered by, and is being criticized for, among other things, betting too unbalancedly on Europe. That is, MF Global was banking on the hope that Portugal, Ireland, Italy, and Greece(whose bonds are collectively known as PUGS)would not default on their debts by the end of the year. It might have turned out to be a good bet, were it not for the fact that it was made sneakily with money that was borrowed and perhaps even effectively stolen-or for the fact that he basically bet the firm, and the farm. Goldman Sachs, meanwhile, has been criticized, since the housing meltdown of 2008, for having profited from bets against the housing market — for shorting crappy derivatives based on mortgages. That was a good bet, except that Goldman made it while dumping those crappy derivatives on its unwitting clients.
Corzine stained the reputation of Goldman Sachs in that he is not______.
选项
A、competent as a chief executive
B、insistent as a reform promoter
C、faithful as a business partner
D、qualified as a financial expert
答案
D
解析
此题的“stained”是线索词,指向第3段。第3段进一步分析了为什么Corzine的失败玷污了Goldman Sachs的名声。文中说他是“a former C.E.O”,故可排除A。B和C在文中没有直接表述,也不符合题意,只有D符合推理。
转载请注明原文地址:https://kaotiyun.com/show/xT9d777K
本试题收录于:
BFT阅读题库国际化人才外语考试(BFT)分类
0
BFT阅读
国际化人才外语考试(BFT)
相关试题推荐
YougotaletterrequestinginformationfromAndreaPhilips,themarketingmanagerofLinguaServicesLtd.
Readthefollowingstatement:Onlyunderofficiallawsoradministrativeregulationscanwedefendastableandreliableexa
Readthefollowingjobadvertisementintoday’sDailyTelegraph,YouareAnnJonesandwritealetterabout120wordsofapplica
HereisaletterwhichcomplainsaboutthequalityoftheTVsetboughtinastore.Readtheletterandcompletethegiveninfor
HereisaletterwhichcomplainsaboutthequalityoftheTVsetboughtinastore.Readtheletterandcompletethegiveninfor
HereisaletterwhichcomplainsaboutthequalityoftheTVsetboughtinastore.Readtheletterandcompletethegiveninfor
HereisanadvertisementaboutaBusinessBookClub.Readtheadvertisementandcompletethegiveninformationform.Wri
HereisanadvertisementaboutaBusinessBookClub.Readtheadvertisementandcompletethegiveninformationform.Wri
HereisanadvertisementaboutforacertainpositioninthenewspaperofDec.7,2005.Readtheadvertisementandcompletethe
Youareaskedtowriteacompositioninwhichyougiveyourownopinionsonthefollowingstatement:Trafficandhousingpro
随机试题
A.祛风燥湿,止痛B.祛风湿,利水消肿C.祛风湿,通络止痛D.祛风湿,和中化湿寻骨风的功效是
1克分子丙酮酸被彻底氧化生成二氧化碳和水,同时可生成ATP的克分子数是()(2000年)
患儿,男,12岁。恒牙牙合,磨牙远中尖对尖。上牙合略前突,下牙合略后缩,U1﹣SN107°L1﹣MP96°,ANB5°,上下牙弓Ⅱ度拥挤,前牙Ⅱ度深覆牙合,采用拔牙矫正。该患者支抗设计为
腹泻超过多长时间为慢性腹泻
肝血窦中的血液来自()。
患者,男,40岁。结喉两侧各有1个3cm×2cm×1cm,表面光滑,质地韧,无压痛,随吞咽上下活动的肿物。为明确诊断,应首选的检查方法是()
消火栓沿道路设置,靠近路口。当路宽大于等于60m时,宜双侧设置消火栓,消火栓距建筑墙体应大于()
某餐饮公司2011年1月8日领取了工商营业执照,由于装修还未完工,1—3月份未能营业。公司于2011年4月7日申报办理了税务登记,4月15日领购了营业发票,并于4月18日开始营业。5月份该公司自行核算的营业收入为80万元,营业税为4万元,并于6月20日办理
【2015江西】在教育过程中,切勿揠苗助长、陵节而施,这是人的身心发展的()的要求。
Eachteammemberreceivedabonusforcompletingtheproject______ofscheduleandunderbudget.
最新回复
(
0
)