But in a speech before the International Monetary Fund today, she erected such a high bar to its use that is seems unlikely ever to happen: the "potential cost... is likely to be too great... at least most of the time".The unstated logical conclusion is that there is some optimal exposure to crisis.
But as the financial crisis shows signs of spreading to Europe, IBM's lack of exposure to the crisis could melt away, as evidenced by SAP's bleak outlook in its earnings announcement Monday.
But Mr. Bernanke tried to allay fear among members of Congress about American exposure to the crisis.
Japan's exposure to the crisis initially looked limited because its banks did not have excessive holdings of toxic securities.
A German central bank meeting was under way today to discuss details of a rescue package for the lender IKB Deutsche Industriebank, another victim of exposure to the crisis in subprime lending.
A German central bank meeting was under way to discuss details of a rescue package for the lender IKB, another victim of exposure to the crisis in subprime lending.
Since the middle of last year, BNP Paribas, like other European banks, has moved to reduce its exposure to the crisis by shedding large amount of sovereign bond holdings from Greece and other troubled countries to help protect its capital levels.
Deutsche Bank and Commerzbank's acquisitions also share another unsavory trait: both Postbank and Dresdner come lumbered with exposure to the crisis in the American mortgage market.
Although our results using fixed-effects models point to a negative relationship between long-term exposure to the crisis (recovery indicator) and cardiovascular diseases (statistically significant for females), those results were found to be affected by attrition.
Although we find a consistently positive link between long-term exposure to the crisis into the recovery period and hypertension in females, both methods used here reveal an unexplained difference in the size of the recovery coefficient between genders.
