Swedish Bank Fee Starting to Look Good to US Treasury
Posted on January 26, 2010 at 16:40 PM EST
Snowy Sweden had its own banking crisis in the 1990s, but due to extensive bailouts emerged relatively unscathed… well, aside from rampant nationalizations and socialistic tendencies. Sound familiar? Now, another hot idea from that same ice kingdom is catching on in the US. In 2009, in order to “protect” lenders, Sweden put a stability fee, charged [...] Swedish Bank Fee Starting to Look Good to US Treasury originally appeared in the Daily Reckoning . The Daily Reckoning, a FREE daily e-letter, offers a "uniquely refreshing" perspective on the global economy, investing, and today's markets.
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