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Banking, the Swedish model

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At www.csmonitor.com

Sustainable banking is growing, this article highlighting why. While megabanks collected 'toxic assets', sustainable banks thrived by investing in local economies and sustainable growth. As to how our megabanks were able to bring us to the 'financial crisis'... On June 1st The New York Times quoted Congressman Collin C. Peterson (D-Minn) as observing of megabanking's Washington influence, 'the banks run the place'.

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At www.csmonitor.com


 

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