[kazen44]

the same basically happened with the ABN AMRO bank in the Netherlands.

Goverment did a bailout and turned the bank into a state owned enterprise until recently.

[w1nst0nsm1th]

With Fortis, in Belgium, the government bought back the bad loans and handed the remaining of the whole bank to BNP Paribas for 1€...

There have been some kind of "understanding" betweens the finance minister of that time and a big belgian investor having stakes in BNP Paribas.

Yseterday the same minister was elected President of the european Council.