New PDF release: Bringing Down the Banking System: Lessons from Iceland

By G. Johnsen

ISBN-10: 113735819X

ISBN-13: 9781137358196

ISBN-10: 1137455578

ISBN-13: 9781137455574

The mixed cave in of Iceland's 3 biggest banks in 2008 is the 3rd greatest financial disaster in historical past and the biggest banking method cave in suffered by means of any kingdom in glossy financial historical past, relative to GDP. How might tiny Iceland construct a banking process in under a decade that proportionally passed Switzerland's? Why did the bankers choose to develop the procedure so speedy? How did companies tunnel cash out of the banking method? And why did not anyone cease them? Bringing Down the Banking System solutions those questions. Gudrun Johnsen, Senior Researcher with Iceland's designated research fee, tells the riveting tale of the increase and fall of the Icelandic banking method, describes the commission's findings at the destructive results of maintaining corporation cross-ownership, and explains what we will be able to study from it all.

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Bringing Down the Banking System: Lessons from Iceland by G. Johnsen

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New PDF release: Bringing Down the Banking System: Lessons from Iceland
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