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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (16649)1/24/2009 11:36:32 AM
From: Real Man  Read Replies (3) | Respond to of 71452
 
Nationalization and a bad bank, which the current
administration is considering, is just that. They let them fail,
wipe out the shareholders, then sell their assets when
the economy improves. Here is the success story. Yes, the
Swedish economy quickly recovered, and the taxpayers
made a profit. Bank shareholders were wiped out. Fair game.
Also goes along with the thoughts of smart fixer and
key Obama's advisor Volcker.

Sweden’s Fix for Banks: Nationalize Them

nytimes.com