理论上，这样使得担保人的利益和公司发行证券的利益联系起来。

In theory this would align the interests of underwriters with the companies on whose behalf they issue securities.

youdao

尽管如此，关于那些债券不可能发行或者会比发行证券更加昂贵的言论看起来是有些愚蠢的。

Still, claims that the bonds will be impossible to sell or more expensive to issue than equity look silly.

youdao

银行放贷时要收费，将房贷卖给投行时也要收费，接下来投行将房贷重组并发行证券时还要收费。

Mortgages were written for a fee, sold to investment Banks for a fee, then packaged and floated for another fee.

youdao

A pure investment bank is not a depository institution and it's also--a pure investment bank is not a broker- dealer either.

一个真正的投行不是一个储蓄机构,当然一个真正的投行也不是证券公司-,或者发行公司。

耶鲁公开课 - 金融市场课程节选

An SIV is a company of a sort that invests in assets and they issue something like asset-backed commercial paper, but it's not a real company because it only exists as an organization sponsored by some bank.

IV类似从事资产投资的公司,同时也发行类似资产担保商业票据的证券,但它不是一家真正的公司,因为它只是由某家银行建立的一个组织

耶鲁公开课 - 金融市场课程节选