Financial Times FT.com

Insight: US is ready for Swedish lesson on banks

By Gillian Tett

Published: March 12 2009 19:13 | Last updated: March 12 2009 19:13

Next week, Bo Lundgren, the head of Sweden’s debt office who played a central role in resolving his country’s banking mess in the early 1990s, will embark on a striking mission.

Washington’s Congressional Oversight Panel has summoned Mr Lundgren and others to explain how they fixed Sweden’s banks – presumably to glean tips on what Washington should do next.

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