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He added that CNOOC has no exposure to the Persian Gulf.
Lloyds TSB, after all, has no exposure to all that nasty US sub-prime rubbish, unlike many of its UK rivals.
Deutsche Bank has said that it has no exposure to Long-Term Credit, though it joined the bailout in the interest of averting a broader financial crisis.
With the help of Barclays, Cairn will turn the fund into a cash-flow collateralized debt obligation, or C.D.O., another debt product that has no exposure to the short-term paper market.
It has no exposure to sub-prime loans, and its average mortgage customer borrows about 65 per cent of their property's value – much lower than the average loan-to-value in markets such as the UK.
The fund also has no exposure to Russia, as its outlook has deteriorated following sanctions imposed by the US, and with only a tentative improvement in the oil price, they prefer to observe from the sidelines.
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Even more worrisome, funds that had no exposure to troubled securities were confronting huge redemptions.
I had no exposure to art, architecture, or for that matter, any cultural experiences.
That meant that native birds had no exposure to the diseases that mosquitoes carry, and therefore no immunity.
The good early care meant their cortisol levels were indistinguishable from babies who had had no exposure to parental violence.
Her repertoire was naturally limited North Koreans had no exposure to foreign cuisines but North Korean cooks are creative.
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