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How to recapitalise banks: a personal view

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The current approach to solving the banking crisis is to put more government money into banks. The problem with this approach is that it creates fear of government meddling in the operational and financial decisions of the banking sector. The capitalist system can only survive if two conditions are met: managers are willing and capable of maximising shareholder value.

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en

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text/html

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http://knowledge.insead.edu/Howtorecapitalisebanks090213.cfm

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