1·Morgan Stanley has a 34% stake in China International Capital Corp, which was the top share underwriter last year, but it is a passive one.
大摩已经占有中金公司34%的股权，它也是去年最大的股票承销商。但它的业务主要是消极业务。
2·If it was found wanting, either Goldman (as underwriter) would have had to buy the stock back at par, or Facebook would have had to go public.
如果存在缺陷，那么要么高盛(作为承销商)按照票面价值回购股票，要么Facebook不得不公开上市。
3·But the subprime crisis that had begun in America was beginning to infect the central European property market, making the role of underwriter a risky one.
但是美国的次贷危机开始影响中欧的房地产市场，使承销商成为一个危险的角色。
4·Your application is sent to an underwriter and a decision is made regarding your loan.
您的申请发送到承销商，并作出决定对你的贷款。
5·The model had reached an inclusion that with the assurance of the issuing success, underpricing is equilibrium when both of the issuer and the underwriter maximize their interests.
模型认为发行抑价是在保证发行成功的前提下使得发行人与承销商都能最大化自身利益的一种均衡状态；