non-sovereign

The fortunes of France's largest banks are caught up with those of the peripheral economies of the euro zone: non-sovereign exposures to the five most troubled countries alone stood at nearly €420 billion $595 billion at the end of 2010, according to this year's stress tests conducted by the European Banking Authority.

French Bank Shares End Higher Ruth Bender 2011

The best argument for the nonapplication of the FSIA would be that whatever actions the Pope took were not in its role as an official actor of a foreign state, but instead as an employer of an employee acting in a non-sovereign capacity — this is a murky road that I believe some courts have already attempted to parse through as to the Vatican more generally.

The Volokh Conspiracy » Judge Baltazar Garzón Indicted 2010

Tom Woods , CIBC's chief risk officer, said the bank holds C$40 million in direct exposure to investment-grade banks in Italy, Spain and Ireland and no direct non-sovereign exposure to Greece and Portugal.

CIBC Raises Dividend Caroline Van Hasselt 2011

CDS protection sold on sovereign entities now accounts for $2.9 trillion, or 9%, of the overall value of CDS outstanding as of the first half of this year, while non-sovereign CDS accounts for 91%, or $29.5 trillion.

Complex Financial Bets Rise Ahead of Overhaul Katy Burne 2011

The lesson for any group covered by a pension plan when the non-sovereign employer that is, an employer not possessed of the power to lay and collect taxes says "We need to create an unfunded liability due to our cash situation" is "Absolutely not unless you bond the obligation."

Ivan Katz: The Philadelphia Orchestra's Unfortunate Bankruptcy Filing Ivan Katz 2011

They will rightly be rejected as non-sovereign bantustans.

Matthew Yglesias » Muslims Want Us Out of the Middle East 2009

The market's recent response to the intensifying pressures in the euro zone suggests that investors are beginning to differentiate between countries that are sovereign issuers of currency, such as the US or Japan, and non-sovereign issuers, such as Greece or any other nations in the euro zone.

Marshall Auerback: Yes Virginia, There Is a Difference Between Greece and the U.S. 2010

The biggest exposure was to Italy, with $2.3 billion in exposure to sovereign debt, and $7.3 billion to non-sovereign debt.

BofA Discloses Greek Exposure 2010

Corp. disclosed that it had $193 million in exposure to Greece's sovereign debt, and $1.1 billion in non-sovereign debt to the country as of March 31.

BofA Discloses Greek Exposure 2010

Likewise, deficit critics, such as King, obfuscate reality when they fail to highlight the differences between the monetary arrangements of sovereign and non-sovereign nations, the latter facing a constraint comparable to private debt.

Marshall Auerback: Repeat After Me: The USA Does Not Have a "Greece Problem" 2010