求翻译一段金融危机摘要

a detailed research on the wall street financial cr**** has found that the cr**** was triggered off by the continuous r**e of interest which led to the plummet in house price which in turn presur**ed submortgagers who suffered from high monthly mortgage and low house price.with these presures,there h**e been wide insolvencies in financial institutions invloved in submortgage whose dealers were seriously affected as well.investers had low confidence in markets where a pessim**tic air prevailed.stock and future markets saw their worst record in h**tory signalling a total mess in the virtual economy and a possible threat to the real one.as the balance between the two economies was lost,it was only a matter of when rather than whether the financial cr**** was to strike.thus,the cr**es could be attributed to the overrun of credits,the abuse of derivatives and the insufficiency in the oversight of financial institutions.