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Bo Lundgren on Bank Rescue

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Marc McCormack says: 22 Sep 2009 10:59

I Don't Understand why they even elected that Biffo as the country's leader...it all started with him so i suggest that "the great people in that Dail" should chuck him out on his behind...Even Enda Kenny couldn't be as bad as that fool.

NORA DUGGAN says: 17 Sep 2009 17:26

Are we bailing out the big guns again, will poor as usual suffer,we should be able to vote on this as we have the right to vote, if it will help our country and all classes of people I would agree with it, but honestly have our goverment ever tried to get everyone's point of view and have they ever tried to listen to the ordinary peoples point of view.

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About this Event

07 Jul 2009

Bank Rescue: The Swedish Model

About the Speech:

Mr Lundgren's speech described in detail the causes of the Swedish banking crisis of the early 1990s and the steps he and his colleagues took to resolve it. He left his audience with the message that though no two financial crises are the same, three main challenges always exist: maintaining liquidity, maintaining confidence and restoring the capital base for lending.

After discussing the Swedish case in depth, Mr Lundgren gave a commentary on the history of the current financial crisis to date, focusing on the differing experiences and reactions of the USA and Europe, including NAMA.

The regulation of cross-border transactions, the performance of the Euro, the role of perception and the problem of moral hazard are just some of the ancillary issues that were addressed in this wide-ranging presentation.

About the Speaker:

Bo Lundgren is Director General of the Swedish National Debt Office and economic spokesman for the Swedish Moderate Party. As Minister of Fiscal and Financial Affairs, he played a leading role in averting the collapse of the Swedish banking sector in the early 1990s.

 


 

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