Re:Denmark doubles capital buffer to contain wider Danske Ba...
by lordnacho on Tuesday September 25, 2018 @02:13PM
(#18068934)
The state already bailed out the banks, including this one, back in 2008. Denmark has a larger banking sector relative to the economy than most countries, and the politicians thought it was a good idea to bail them out.
What's scandalous is they didn't insist on wiping out the shareholders.
Would it be that bad? From my simplistic understanding of economics, the Danish central bank can bail it out with minimal side effects, right? And the state would be in a position to ask for a commensurate compensation.