商务知识导读（双语）Unit_4_Playing_with_fire教材教学课件.pptx

Unit 4 Playing with fire Part I Lead-inWatch the video clip and discuss the questions given below.1Why is the mobile device so important for financial innovation?The mobile device creates the possibility of skipping a lot of steps that have always characterized the provision of financial services: the development of expensive branches. You can finish your transactions just on your mobile device. Five years ago, people just couldn’t imagine that.Part I Lead-inWatch the video clip and discuss the questions given below.Why are the authorities worried about the innovation?2Market structure always changes. The financial innovation bundles and securitizes the loans for the poor. It creates potential for more economic activities and at the same time the ability to harm the economy.Part II Text Vocabulary intact:not broken, damaged, or spoiled. 未受损伤的Part II Text Vocabulary cum: used between two nouns to show that something has two purposes. 连同?polemicist:someone who is skilled at arguing very strongly for or against a belief or opinion. 辩论家Part II Text Vocabulary run-up:the period of time just before an important event. 预备阶段?CDSs: 信用违约互换CDOs: 担保债务凭证?Part II Text Vocabulary unimpeachable: so good or definite that criticism or doubt is impossible. 无懈可击的??vilify: to say or write bad things about someone or something. 贬低Part II Text Vocabulary underachieve:if someone underachieves in something such as schoolwork or a job, they do not perform as well as they could. (学业、工作)表现不佳?Ramifications:may not have been clear when you first decided to do it. 衍生物?Part II Text Vocabulary a lump sum: 一次性付款?ostensible： seeming to be the reason for or the purpose of something, but usually hiding the real reason or purpose. 表面的；假装的Part II Text Vocabulary align:bring (components or parts) into proper or desirable coordination correlation. 匹配?securitisation:the use of such securities as eurobonds to enable investors to lend directly to borrowers with a minimum of risk but without using banks as i