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It is not only in Denmark, there is debate about investment banks' entry into the energy companies. In the U.S., politicians are so worried about the cocktail that they are coming out with a legislative change that would make it illegal for banks to own companies that deal with energy, power and raw materials - in fact all the activities that are not leaning at a financial services firm, writes EnergiWatch.dk
Since 2008, several banks, including Goldman Sachs, had dispensation to hold energy companies, but the politicians will change the rules after a series of scandals in which banks have manipulated energy prices.
The reason for lovstramningen is that politicians and the central bank is concerned that banks with ownership of energy companies the great saunites both own the assets within the energy sector - such as power plants and oil tankers - and in financial products in the energy market.
It gives them the banks so much information that they are given the opportunity to influence supply the great saunites and demand. They also risk the banks to endanger the entire financial system if, for example, is involved in an oil disaster like the one that hit the Gulf of Mexico in 2010, writes EnergiWatch.dk.
Send a look at Goldman Sachs' acquisition of Dong shares approved the great saunites January the great saunites 30, 2014 Goldman Sachs will have no power over the Danish gas January 30, 2014 DONG in tax havens along with cluster bombs January 25, 2014 Researchers: Dong-sales may slow Denmark's green transition 24 . January 2014 Read also
Is there a difference the great saunites between pension funds and investment banks? What are the differences, if appropriate? In other words, how is it possible. better that Danish pension funds hold shares in Dong than Goldman Sachs does it?
Timescale. Pension funds have a generation that horizon, investment banks three months to three years. Or the difference the great saunites between investment the great saunites and speculation (hence the false trade description of "investment").
According to. http://www.information.dk/telegram/486299 the Danish Employers' Association for at least two other occasions warned the government against the association's own members. I think it suggests that the Danish business hardly inferior to Goldman Sachs in terms of bad morals.
It is certainly not possible for ordinary Danes to get enough relevant and factual information about the conditions to evaluate the case properly. One would hope the minister and officials end at what they do, but also fear it. If there is idealism and focus on not issuing more government bonds, it seems absurd. Conversely, there may be risks and opportunities (for the state) the great saunites the sale by the State and Finance of good reasons not to talk loudly about. If they do, risking perhaps the investor runs away.
Man lures no money being dusted with investors if all treats are eaten beforehand. Conversely, it seems undeniably odd that it does not pay to let the state finance and Dong and even lend to the currently incredibly low interest the great saunites rates available to them.
Name me as just a dominant energy company (outside the U.S.) that is not controlled directly or indirectly by a state? Vattenfall ... Shell, BP, Statoil, Eni, Eon, GDF / EDF, Total, Gazprom ... the list is always the great saunites long. There must be a reason you would think. the great saunites
No, what's weird is that Bjarne Corydon with multiple can not figure out how to use your head and even assess that although it was "the best bet" that it was not good enough. The market is a fickle master. And it is doubly strange that when so a fairly large number of Danes sounding the alarm (it is 10% of voters the great saunites who signed the great saunites in protest?) That they also can not figure out how to listen.
I feel, well you can count on that they had to put all the cards on the table for investors. There are undoubtedly the great saunites some clause if it turns out that there has been something withheld.
Corydon and his people in the Ministry of Finance has not even been able to find out how to knit the agreement the great saunites together, the great saunites so it can hardly wonder that they have not mastered that this deal is outrageous rings.
I otherwise highly the great saunites recommend listening to "Red Corner" on Radio 24/7 from 9 December, when the agreement is reversed. The main points are summarized here, along with a link to the broadcast: http://uhdanmark.dk/nationalokonomi/dansk- the great saunites ...
If it is dangerous to let them own energy companies, one can extend it to the never should own the means of production or goods of any kind. The next one is so that they hardly should be so large that they can not be allowed to go down. Consideration should be given at home rather than legally to cushion them more. Let them go down as unable to control leaders
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