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View Full Version : US May Find Painful Parallels in 1990s Nordic Banking Bailout - Bloomberg



NewsWhore
09-23-2008, 12:40 AM
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US May Find Painful Parallels in 1990s Nordic Banking Bailout (http://news.google.com/news/url?sa=T&ct=us/6-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601068%26sid%3DaNXCS_zSlb9U%26refer%3Dhome&cid=0&ei=InTYSOiANpDK8ATYtbzoBg&usg=AFQjCNGXUhtksoJEwWOuQUGptZDf2idiPQ)
Bloomberg - 26 minutes ago
... and cut interest rates as the crisis took hold, something Norway, Finland and Sweden weren&#39;t able to do because they had to maintain currency pegs. ...


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