Those conduits are now showing gigantic losses that have to be covered by the parent banks, some of which are being driven to the brink of bankruptcy. This spring will show the necessary write-offs in the annual balance sheets, but the full truth will not become known before the 2008 balance sheets are published in the spring of 2009.
这些投资管道目前损失惨重，不得不由母银行出面掩护，有些已经濒临破产。今年春天的年度资产负债表里将会有必要的销帐，但是在2009年春季发表2008年的资产负债表以前人们还是无法知道整个真相。