Bringing down the banking system :

Johnsen, Gudrun.

Bringing down the banking system : lessons from Iceland / Gudrun Johnsen. - New York : Palgrave Macmillan, c.2014. - xxii, 243 p. : 22 cm. ill. ;

Index : p. 233-243.

Bibliography : p. 227-232.

Background -- Illusion of prosperity -- Collapse -- August 8, 2007 : subprime crisis enters the spotlight -- October 6, 2008 : God bless Iceland -- Panic -- Investigation -- Financial liberalization -- How did the bankers do it? -- Funding the banks -- The geyser crisis -- Love letters to the rescue -- Playing tricks on the European Central Bank -- Why did the bankers do it? -- The web of ownership -- Tunneling money through related party lending -- Market manipulation and falsification of equity -- Wages of failure -- Why didn't anybody stop the bankers? -- Funded by the ill-informed -- Debt free state, isolated and without credit -- Putting a poodle on the watch -- What have we learned?.

9781137455574 (paperback)


Bank failures--History--Iceland--21st century.
Banks and banking--Corrupt practices--History--Iceland--21st century.
Bank management--History--Iceland--21st century.





332.1094912 / JOH