Daily Doom - another bank nationalised

**Cyberman** · 25 August 2008, 13:52

Originally posted by Gonzo View Post

Not in the UK though

http://news.bbc.co.uk/1/hi/business/7580570.stm

"Denmark's central bank is to lead a buyout of struggling lender Roskilde Bank after no private buyer came forward to purchase the company."

... and there is a big difference to the Northern Rock scenario because they had two potential buyers in Branson and the Management team. HMG decided to nationalise in order to reap rewards for the taxpayer, as Darling foolishly publicly admitted, rather than allowing the company to continue trading privately at a profit.
This is why shareholders are due compensation, and yet another reason why New Lie are doomed because of their unfailing incompetence.