Why Bank Nationalization Is So Scary

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cant agree with u

u mentioned that inthe first part saying that those banks like citigroup were on the edge of bankcrupcy, even govenment's money cant solve the problem of heavy loses. then it was likely that without stepping in by govenment, these banks' share price would still go down by 90 percent or even worse. so that it wasnt NATIONALIZATION MAKE THE BANKS' WEALTH VAPORIZED BUT THEMSELF.IF WITHOUT THE HELP FROM GOVERNMENT, BANKS LIKE CITIGROUP WOULD HAVE THE SAME ENDING AS LETHMAN BROS. THEN U WOULD SEE THAT THE SHAREHOLDERS' BENEFITS ARE GONE for real.

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