Forum Post: How Swedes and Norwegians broke the power of the '1 percent'
Posted 12 years ago on Feb. 2, 2012, 4:13 a.m. EST by occupyworld
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We're in for a long haul, but change can happen http://www.nationofchange.org/how-swedes-and-norwegians-broke-power-1-percent-1327762223
Labor stepped in, seized the three largest banks, fired the top management, left the stockholders without a dime and refused to bail out any of the smaller banks. The well-purged Norwegian financial sector was not one of those countries that lurched into crisis in 2008; carefully regulated and much of it publicly owned, the sector was solid.