Credit Markets : Frozen? Why? CNBC has published the banking sector exposure to the PIIGs sovereign debts

1. Portugal
   Banking Sector Asset Exposure: 14.08% - Total PIIGS Exposure: $64.54 billion
2. Ireland
   Banking Sector Asset Exposure: 13.5% - Total PIIGS Exposure: $90.378 billion
3. France
   Banking Sector Asset Exposure: 10.4% - Total PIIGS Exposure: $911.32 billion

For more www.cnbc.com

Speculator's do not target Portugal or anybody else for that matter. Now add Portugal's sovereign debt problem with its banking sector exposure to other PIIGs sovereign debts and you get the recipe for some legitimate doubts? Who was at the switch for years?