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Policymakers are studying how Sweden managed to rescue four of its biggest banks when its own credit boom turned to bust in the early 1990s.
House prices had slumped, the currency was out of control, and unemployment and bankruptcies were rising rapidly.
The state aid was skilfully targeted, so none of the cash went to the bank's shareholders
BBC 9/4 2008

If the Riksbank had failed to act rapidly and chosen not to inject capital into its major banks, the entire financial system of the country may well have collapsed.

The state aid was skilfully targeted, so none of the cash went to the bank's shareholders

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Comment by Rolf Englund
In fact, the Swedish government bailed out the shareholders of Nordbanken.
Read more about in swedish at
http://www.internetional.se/re95nb.htm