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But by some reckonings, Morgan lost money on its dealings with Enron, while Citi came out ahead only because it dumped its exposure on to unwary customers.
Now the mayor of North-East Lincolnshire, Councillor Peggy Elliott, said she feared Grimsby could suffer from its exposure on national television.
In the wake of the current market turmoil and "following a number of enquiries from....analysts and investors" the group has clarified its exposure on its bond portfolio, which seems to have reassured investors.
Noting that Enron had paid about $300 million to buy a third of Azurix from public shareholders and had since taken write-downs on its investment in Azurix, Mr. Grubman asked why the company was not setting up reserves to cover its exposure on that debt, which under a complicated arrangement could end up being satisfied through the issuance of Enron shares.
Mr. Dungan attributed the band's growing recognition partly to its exposure on radio and a string of TV show appearances this year ("The Ellen DeGeneres Show" and "Good Morning America" among them) that gave the members a chance to show their personalities.
This shear zone separates the southern sector of the Sinai Peninsula, known as the stable shelf area (Said 1962), with its exposure on Precambrian basement in the transitional zone.
Similar(48)
It is abnormal that the private sector is the only one to accept to take a loss on its exposure of Greece while the public sector, which is at the origin of the crisis, lends without risk.
The total losses of the Canadian banks (excepting CIBC's $4.2 billion on its exposure to CDOs) on ABCP, SIVs, CDOs, trading and ordinary credit losses amount to $2.6 billion to date.
J. P. Morgan put out a statement outlining its exposure to Enron on Nov. 28, listing $500 million in unsecured debts, and mentioning that it had "additional exposures that are secured," including $400 million in loans backed by pipelines.
The proteins that adsorbs on nanoparticle may vary depending on its exposure to the different types of biological fluids in the human body.
Bear Stearns also said Wednesday that it would take a $1.2 billion write-down on its exposure to securities tied to subprime mortgages.
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