Why Iceland? How One of the World's Smallest Countries Became the Meltdown's Biggest Casualty
by Jonsson, AsgeirEdition: 1st
Format: Hardcover
Pub. Date: 2009-08-03
Publisher(s): McGraw Hill
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Summary
The reasons behind Iceland�s decline�and.what it now means for the rest of the world ..How did a nation of 300,000 build an international.banking empire of assets equaling 12 times its GDP�.and then lose it all overnight? ..�sgeir J�nsson, head of research and chief economist.for Iceland�s biggest bank, was in the midst of it all..Here, he explains the whole story of how Iceland grew.into a banking empire and then collapsed, including the.theory that Iceland�s fall was the result of a speculative.attack by hedge funds on the nation�s banking system..He examines the roles played by the United States and.United Kingdom, and predicts how the collapse will, in.turn, affect them. .
Author Biography
n++sgeir Jn++nsson is head of research and chief.economist at Kaupthing Bank, which was once Icelandn++s.biggest bank. He has written several books and articles.about Icelandic economy and history.
Table of Contents
| The Enigma of Iceland | p. 1 |
| The Birth of a Banking System | p. 19 |
| How Iceland Became a Banking Country | p. 33 |
| The Geyser Crisis | p. 57 |
| Living in a Bubble | p. 83 |
| The Road to Perdition | p. 113 |
| The Downfall | p. 149 |
| Lost in Iceland | p. 189 |
| Epilogue Reykjavik on the Thames | p. 207 |
| Index | p. 213 |
| Table of Contents provided by Ingram. All Rights Reserved. |
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