Bo Lundgren almost didnât make it past security on Nov. 10 when he first visited the Swedish bank his National Debt Office had just seized. âIâm the one who owns Carnegie,â he said he told the guards as he brushed past them and marched into the bankâs headquarters. Lundgren has made a career out of overcoming obstacles at financial institutions. In the 1990s, he pulled the largest Nordic economy out of a banking crisis as Swedenâs minister for fiscal and financial affairs, winning the respect of former Federal Reserve Chairman Alan Greenspan and foreign governments. Now heâs leading the way again, cleaning up Carnegieâs toxic assets, reselling the bank and recouping the stateâs investment in just three months -- sparing taxpayers any losses. His efforts to ensure that Sweden emerges intact from financial turmoil may be a prototype for other countries -- including Germany and the U.K. -- grappling with failed banks. Governments should âtry and do what Sweden did,â said economist Nouriel Roubini, a professor at New York Universityâs Stern School of Business, who called the countryâs 1990s plan the model bailout: Take over troubled banks, âclean them up and reprivatize them. Fudging it, guaranteeing the assets or buying the toxic assets is not going to work.â Federal Reserve Chairman Ben S. Bernanke said Feb. 25 the U.S. government doesnât plan âanything likeâ a nationalization of banks that would wipe out stockholders. http://www.bloomberg.com/apps/news?pid=20601109&sid=atrQkJTX1P50&refer=home