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by vidarh
2278 days ago
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The other option is to have the bank in question issue more equity for the state to buy. The Norwegian government for example still owns more than a third of the biggest Norwegian bank as a holdover from a much earlier financial crisis (1990), and decided not to sell down further as a strategic decision to prevent future meltdowns. The UK similarly bought a lot of bank assets during the 2008 crisis. |
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