tag:blogger.com,1999:blog-6034478.post5233359506606398318..comments2024-03-28T22:28:33.411-04:00Comments on Doug Ross @ Journal: Remember All Those Banks That TARP Rescued? Looks Like Their Exposure to the European Debt Crisis Is No Prob--RUN AWAY!! RUN AWAY!!Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6034478.post-91775509346139502872010-12-14T16:29:23.362-05:002010-12-14T16:29:23.362-05:00Remember that "exposure" is not the same...Remember that "exposure" is not the same as "wipe out."<br /><br />A big PIGS failure would produce lots of painful haircuts but not all of the exposure writes down to zero.<br /><br />Small comfort I know.Whitehallnoreply@blogger.com