The moral hazard crept in because they said, "We can borrow at a high rate."

道德危机悄然而至，因为他们说：“我们可以高利率借款。”

Some people think that rating agencies have allowed a kind of moral hazard to creep into their organization.

一些人认为评级机构让某种道德风险潜入了他们的组织。

This is moral hazard made visible.

这是可见的道德风险。

What is moral hazard?

什么是道德风险？

But, the problem they hit is moral hazard.

但他们遭遇了道德风险这一窘境。

Moral hazard can sometimes take extreme forms.

道德风险有时可能会以用极端的形式出现。

When you manage risks, you create moral hazard.

当你试图管理风险时，就会产生道德风险。

Moral hazard is not a solely western phenomenon.

道德风险看来并不仅仅是一种西方式现象。

The moral hazard they provoke is also inevitable.

由此引发的道德风险同样不可避免。

A still larger question is over moral hazard.

一个更大的问题跟道德上的危险有关。

Depositors' losses served as a lesson in moral hazard.

存款人的损失成为道德风险的一个教训。

Tough: moral hazard makes such insurance contracts absurd.

非常严重：道德风险让此类保险合同显得荒谬可笑。

Freeing fat-cat felons creates moral hazard, Koreans fear.

韩国国民忧心于释放富商罪犯的道德风险。

The classic example of moral hazard is with fire insurance.

道德风险的一个典型案例,就是火险。

This is the final step in addressing the problem of moral hazard.

这是解决道德风险问题的最后一步。

We have to then realize that there is a moral hazard problem.

我们还必须意识到,这里面存在着道德风险。

He was dealing also with the moral hazard and adverse selection problem.

他当时也视图解决道德风险，以及逆向选择的问题。

A further problem, that applies especially to the Banks, is moral hazard.

一个更糟的问题(尤其对于银行业而言)是道德风险。

A second lesson is that remedies for moral hazard will always be imperfect.

第二个教训是，对道德风险的补救措施永远是不完美的。

Yet it is a huge leap to imagine that living wills can resolve moral hazard.

然而，如果幻想生前预嘱能解决道德风险问题，那我们就太激进了。

Moral hazard would disappear and taxpayers would be left relatively unharmed.

道德风险就此消失而纳税人将相对来说损失不大。

The moral hazard crept in because they said, hey we can borrow at a high rate.

业内悄然出现道德危机,因为他们说,我们可以提高存款利率