I just saw an article that listed European banks that are exposed to the subprime mortage.
Where did you see this please, or what were the banks? The small European banks are more vulnerable, and Germany and Italy have dodgy track records. If they can’t or won’t give a break down of their exposure to the subprime market direct or indirect, I’d move my funds. European banks may not have as much direct exposure, but then as far as I know they don’t have FDIC insurance. Therefore, it’s difficult to know whether to leave funds in Europe or move them over here.
