Denmark’S Biggest Banks Want The State To Clarify Its Readiness To Bail Them Out.

[interestrateripoff]

The reaction of the politicians should be to break up these banks and ensure they aren't too big to fail.

[Errol]

Such a joke.

[swissy_fit]

The banking coup d'état is global now, they're getting more shameless as they get more sure of their power.

Why is Iceland so damned cold and full of midges, I want to live there - they're trying to resist a bit, at least.

[wonderpup]

The six lenders identified by a government committee as systemically important for the Danish economy say they need to be shielded from the country’s bail-in legislation for their too-big-to-fail designation to be meaningful.

So now there's a 'too big to fail' designation? How does this fit into the framework of free market capitalism and the meritocracy of the 'invisible hand'

Or has the invisible hand now been replaced by an all too visible taxpayer teat?