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Comment by throw-4e451c8

I still don't get why the democratic Obama government didn't handle that the way Sweden handled a similar situation in the 90s:

1. Nationalize the bankrupt banks.

2. Get them in order.

3. Sell them and collect the profits.

https://en.wikipedia.org/wiki/Sweden_financial_crisis_1990%E...

I mean, it couldn't be that Obama and/or the democratic party was corrupt and just gave away tax payer money for no reason?

Edit: It was Bush 2 who gave away the money. The then (democratic) presidential candidate Obama supported it, though: https://web.archive.org/web/20080925154355/https://www.foxbu...

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