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Bringing Down the Banking System - Lessons from Iceland (Hardcover, New) Loot Price: R3,275
Discovery Miles 32 750
Bringing Down the Banking System - Lessons from Iceland (Hardcover, New): G. Johnsen

Bringing Down the Banking System - Lessons from Iceland (Hardcover, New)

G. Johnsen

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Loot Price R3,275 Discovery Miles 32 750 | Repayment Terms: R307 pm x 12*

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The combined collapse of Iceland's three largest banks in 2008 is the third largest bankruptcy in history and the largest banking system collapse suffered by any country in modern economic history, relative to GDP. How could tiny Iceland build a banking system in less than a decade that proportionally exceeded Switzerland's? Why did the bankers decide to grow the system so fast? How did businesses tunnel money out of the banking system? And why didn't anybody stop them? Bringing Down the Banking System answers these questions. Gudrun Johnsen, Senior Researcher with Iceland's Special Investigation Commission, tells the riveting story of the rise and fall of the Icelandic banking system, describes the commission's findings on the damaging effects of holding company cross-ownership, and explains what we can learn from it all.

General

Imprint: Palgrave Macmillan
Country of origin: United Kingdom
Release date: 2014
First published: 2014
Authors: G. Johnsen
Dimensions: 216 x 140 x 20mm (L x W x T)
Format: Hardcover
Pages: 243
Edition: New
ISBN-13: 978-1-137-35819-6
Categories: Books > Business & Economics > Economics > Macroeconomics > Monetary economics
Books > Business & Economics > Finance & accounting > Finance > Banking
Books > Money & Finance > Banking
LSN: 1-137-35819-X
Barcode: 9781137358196

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