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1·If a minor but ambitious firm like salomon brothers tried to by-pass the managing underwriter and go direct to a client the underwriter would ostracise it and give it a bad name on Wall Street.

如果野心勃勃的次要承销商(比如所罗门兄弟)心存不满，意欲绕过主承销商直接与客户联系，那么主承销商就会排挤它，败坏它在华尔街上的名声。