| As the debate sharpens in the U.S. Congress over Treasury Secretary Henry Paulson's proposed $700 billion bailout package, Washington policymakers would be wise to lift their gaze beyond the Beltway and take a look at Sweden. The idea is "to get some ownership (in return), and eventually be able to get some revenue back." By taking a stake in its enfeebled banks, Sweden minimized the taxpayers' burden in the long run. |
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At www.time.com
At www.time.com
