Hacker News new | ask | show | jobs
by vidarh 2278 days ago
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.