VOA慢速英语:One Group’s Fight for Understandable Language

1.In my point of view,Our desk began to accumulate short positions, purchasing protection on individual securities through credit default swaps, largely from external C.D.O. managers who asked us to bid for these positions.

In my point of view表达自己的观点。

bid for靠许愿来获得(赞成、支持等)

The politicians are bidding for our favor by making wild promises that they can't keep.
政治家们为获取人们的支持而做出承诺。

信用违约互换(credit default swap，CDS)是国外债券市场中最常见的信用衍生产品。在信用违约互换交易中，违约互换购买者将定期向违约互换出售者支付一定费用(称为信用违约互换点差)，而一旦出现信用类事件(主要指债券主体无法偿付)，违约互换购买者将有权利将债券以面值递送给违约互换出售者，从而有效规避信用风险。由于信用违约互换产品定义简单、容易实现标准化，交易简洁，自90年代以来，该金融产品在国外发达金融市场得到了迅速发展。

2.They are at the heart of the government's case against Goldman Sachs for misleading investors.

at the heart of位于…的中心，处在…的核心部分

3.But it can often hide meaning. Have you ever agreed to the "terms of use" for a service without reading it all?

without reading it是without+现在分词作状语。

with/without状语

由介词with或without+复合结构构成，复合结构作介词with或without的复合宾语，复合宾语中第一部分宾语由名词或代词充当，第二部分补足语由形容词、副词、介词短语、动词不定式或分词充当，分词可以是现在分词，也可以是过去分词。With结构构成方式如下：

1). with或without-名词/代词+形容词；

2). with或without-名词/代词+副词；

3). with或without-名词/代词+介词短语；

4). with或without-名词/代词+动词不定式；

5). with或without-名词/代词+分词。

下面分别举例：

1)She came into the room，with her nose red because of cold.（with+名词+形容词，作伴随状语）

2)With the meal over ， we all went home.（with+名词+副词，作时间状语）

3)The master was walking up and down with the ruler under his arm。（with+名词+介词短语，作伴随状语。） The teacher entered the classroom with a book in his hand.

4)He lay in the dark empty house，with not a man ，woman or child to say he was kind to me.（with+名词+不定式，作伴随状语）

He could not finish it .... without me to help him.（without+代词 +不定式，作条件状语）

5)She fell asleep with the light burning.（with+名词+现在分词 ，作伴随状语）

6)Without anything left in the cupboard， she went out to get something to eat.（without+代词+过去分词，作为原因状语）