Typically , trusts serve as an intermediary , making loans and repackaging them as debt products for investors .

通常，信托公司起到了中介的作用，发放贷款，并把贷款打包成债务产品提供给投资者。

Repackaging loans identified , priced and managed by the banks is , therefore , a waste of their talents .

因此说，银行对已经确认、定价并管理的贷款进行重新包装，是一种智力的浪费。

The creation of new and improved financial products through innovative design or repackaging of existing financial instruments .

通过创新的设计或重整现有的金融工具创造新的、更好的金融产品。

There is much uncertainty about all of these offers of money , not least the extent to which they are a repackaging of existing pledges and what conditions have been attached .

这些资金援助存不存在还让人值得怀疑，尤其是它们在多大程度上只是已有的承诺的重新打包，或者又附加了哪些条件。

Ratings widened the demand for these instruments to the point where banks made an easy living earning fees for originating , repackaging and transferring loans rather than expensively carrying them on their balance sheets .

评级扩大了这些工具的需求，让银行通过创新、重新打包和转移贷款就能轻松赚钱，而不必承担高昂成本，将贷款放在自己的资产负债表上。