It is true that their failure was due to internal corruption and not the issues that led to the subprime crisis. I misunderstood the question and concede the point.

But the subprime crisis (or the financial landscape after it) did expose the frailties (and in those cases I mentioned, corruption) of the Portuguese banks and was a non-insignificant factor in their demise. But I suppose you can say the same for a lot of other banks in other countries.