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CEO of Scandinavian megabank: "Let banks crash" - Banks should not be treated differently than other firmsPolitiken.dkAug. 23, 2010 |
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 Nordea’s CEO Christian Clausen says the idea that politicians automatically buoy up irresponsible and rash banks is not a good one. “The bad banks should go bankrupt and customers suffer. That is just not something that has been politicaly acceptable as it would hit the customers,” says Clausen in an interview with the management magazine Lederne. He adds that bankrupt airline or building company customers are not saved by the state. Read More 
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