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The CBOT was set up as an agricultural exchange in 1848.In recent decades, demand has come mainly from those who wish to hedge financial exposures.
Timothy F. Geithner, the president of the New York Federal Reserve, called a 6 p.m. meeting so that bank officials could review their financial exposures to Lehman Brothers and work out contingency plans over the possibility that the government would need to orchestrate an orderly liquidation of the firm on Monday, according to people briefed on the meeting.
Then came Enron's collapse, which raised a whole raft of concerns about corporate America: conflicts of interest on Wall Street, impenetrable accounting, the offshore registration of corporate vehicles, large financial exposures, unhealthy deference given to celebrity chief executives, and high share valuations.
By adding some equities well chosen to parallel your financial exposures, you will reduce risk over the long term.
In Europe, there is a need to finally cut the Gordian knot of mutually reinforcing financial exposures between banks and governments, which has fueled worries about potential contagion.
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How much financial exposure is still an open question.
While those appeals play out, the financial exposure of the companies could be relatively minimal.
At first, the pain of financial exposure was an articulate anxiety.
"There is, of course, the financial exposure that the lawsuits pose.
El Paso says the judge is wrong, but its potential financial exposure is huge.
"It makes the U.S. a loser in a major case involving significant financial exposure".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com