Now you 're introducing unsophisticated investors into a new market that has an increased likelihood of issuer fraud .

众筹等于是将一些不成熟的投资者引入了一个发行人欺诈概率更高的全新市场。

Acting as the issuer of a global reserve currency .

充当全球储备货币的发行人

Treasury bonds , with their liquid markets and unique issuer , look prettier .

因为市场的流动性和单一的发行者，美国国债看起来更加值得信赖。

They are patient , since they have a long-term tie to the issuer .

他们很有耐心，因为他们与发行人有很深的渊源。

Gemstone 7 is a nasty story of deception at the fourth-largest issuer of cdos in the us .

宝石7号是美国第四大担保债务凭证发行人制造的龌龊骗人故事。