New rule: if your for-profit company is "too big to fail", you get nationalised, not bailed out.
@jasongorman This is what the Swedish government did during the 1990s banking crisis. The failing banks were propped up with taxpayer money in exchange for shares so that the government ended up being majority shareholder in several banks. The banks were eventually restructured and the debts were payed off and then the goverment sold most of its shares, often at a small profit.
@violanders @jasongorman
That was supposed to happen in the UK, but the Tories managed to make a Loss on it.