The Swedish Solution

Back in the early 1990's Sweden had a severe financial crisis. The center-right Swedish government nationalized the banks, cleaned them up, then privatized them. According to the New York Times, "Former Swedish officials said that [the US government's failure to acquire voting equity and dilute existing shareholders] was a mistake, for political reasons if nothing else, because owners of bank stocks did so well in the boom years early in the decade."

The story can be found at:
http://www.nytimes.com/2009/01/23/business/worldbusiness/23sweden.html?th&emc=th