These financial institutions still have huge exposure to derivative markets on their off-balance sheets. Derivative's are financial contracts, such as residential and commercial mortgages, loans bonds, and commodites. So in lay term's, derivates can be used to hedge the risk of economic loss arising from changes in value. Nominal value is the face amount that is used to calculate payment of derivative's. This amount for the most part never changes hands so that's how on and off balance sheets come in. Off-balance sheets are assets or debt financial activity NOT on the financial institutions balance sheet.
According to financial insiders, many financial institutions off-balance sheet exposure is mant times higher than acknowledged publicly,also exposure to loss is huge, also many times higher than stated on-sheet balance numbers.
So, with all this "hidden" exposure, the bank's could actually require trillions of taxpayer dollars. The fact that these financial institutions have LIED and hid the debt, is beyond shameful.
I must say I've had it with them, let them sink or swim on their own, no more government, taxpayer bailout for these liars.