如果考虑到对冲敞口头寸银行的位置被排除，这个数字将小的多。
That number would be far smaller if Banks' positions were netted out for offsetting exposures.
他警告说，万亿美元的负债，按揭证券过高的敞口头寸，会使得雷曼兄弟岌岌可危。
He gave warning that Lehman, with its trillions of dollars of debt and high exposure to mortgage-backed securities, was at risk.
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