I agree banks anywhere in the world is a risky exposure. However European indices had a blow off from DB threat but I hardly call that a market crash panic selling conditions. Look at Ftse/Dax/Cacs all heading back up after the sell off. Got to be objective in this game. When the 'masses' especially in this thread starts to froth in the mouth of the imminent market crash, that is a clear sign to start buying beaten down equities, not banks of course.
