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The bondholders, led by seven pension funds and an insurer, said their holdings sank in value after Citigroup revealed its exposure in November 2008, making it apparent the bank was "insolvent" and would need a government bailout.
The setting underscored the conference's effort to increase its exposure in New York as it prepares to move its tournament to Brooklyn's Barclays Center, which is under construction, for five seasons starting in 2013.
Lloyds TSB fell 43p to 8211C2p on concerns about its exposure in Latin America where it owns Losango, a finance house, while HSBC dropped by 125p - more than 6percentnt - to A16.28 on fears that its exposure to emerging markets makes it vulnerable to global disruption.
Since then, things have started to improve somewhat, but it has incentivized Tencent to reduce its exposure in gaming and look for other non-content business segments that generate steady revenue and require less government regulation.
So far, only the enterprising UniCredit has suffered, largely because of its exposure in Germany where in 2005 it bought HypoVereinsbank.The government has belatedly begun to equip itself with legislation to allow it to intervene in the banks.
Significantly, though, the year before, its exposure in Russia contributed to a $260 million loss.
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The U.S. realized the extent of its exposure only in late 2008.
The fund said last year that it aimed to diversify its portfolio so that by 2014, 10 percent of its equity holdings were overseas, and another 10 percent of its exposure was in alternative investments, which include real estate and infrastructure.
"BNP took provisions against its Greece exposure in full agreement with its auditors and the relevant authorities, in accordance with the plan decided upon by the European Union on July 21," a bank spokeswoman said.
Yet the second-largest U.S. bank suffers well-known problems, from its $45 billion bailout during the financial crisis to its deep exposure in the foreclosure mess.
National Public Radio, which relied on the HBO feed that omitted it, broadcast a recording the following day with an interview of Robinson about its limited exposure; in that venue, Robinson described it as conforming to the four-fold Franciscan prayer model.
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