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A final source of concern is the continued use of collateralized lending .

最后的问题来自于抵押贷款的继续使用。

Those are collateralized debt obligations , or cdos , which were backed by subprime home loans .

那些衍生金融产品是债权抵押证券（CDO），是由次级住房抵押贷款支持的。

Sec officials are focusing on mr. rekeda 's role in a $ 1.6 billion collateralized debt obligation called delphinus cdo 2007-1 .

sec官员目前关注的是勒科达在名为delphinuscdo2007-1的16亿美元债务抵押债券（cdo）中所扮演的角色。

In april , regulators told banks to submit detailed audits on all their lic loans by september , and decreed that all insufficiently collateralized lines will be canceled .

今年4月，监管机构要求各银行在9月份之前提交地方政府投资公司所有贷款的详细审计报告，并下令所有存在抵押品不足情况的贷款额度都要取消。

But citigroup and ubs turned into two of the biggest losers from the crisis , as the seemingly safe collateralized debt obligations on their books led to billions of dollars in losses .

但花旗和瑞银成了本轮危机两个最大的输家，其帐面上看上去很安全的债权抵押证券（cdo）导致了数十亿美元的亏损。