Fed eyes Nordic-style nationalisation of US banks

Courtesy Newsvine - business  Mon, 03/31/2008 - 04:21

A senior official at one of the Scandinavian central banks told The Daily Telegraph that Fed strategists had stepped up contacts to learn how Norway, Sweden and Finland managed their traumatic crisis from 1991 to 1993, which brought the region's economy to its knees.


 

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