`Shipwrecks And Disasters'

During a luncheon a few weeks ago for the chairmen of the world's 100 biggest banks, Swedish Finance Minister Anne Wibble broke up the crowd at Stockholm's Grand Hotel when she suggested how they could help her government bail out the country's ailing lenders. "If you want to buy a bank, or part of one," she said as the bankers tucked into their strawberry mousse, "don't hesitate to do so."

To continue reading this article you must be a Bloomberg Professional Service Subscriber.