Bringing down the banking system lessons from Iceland /
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 Syst...
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Published: |
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Literature type: | Electronic Software eBook |
Language: | English |
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Online Access: |
http://www.palgraveconnect.com/doifinder/10.1057/9781137347350 |
Summary: |
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. |
Item Description: |
Electronic book text. Epublication based on: 9781137358196. |
Carrier Form: | 264 p. : 4 figures, 50 graphs, 13. |
ISBN: |
9781137347350 : 113734735X : |
CLC: | F830.2 |
Contents: | PART I: BACKGROUND 1. Illusion of Prosperity 2. Collapse 3. Panic 4. Investigation 5. Financial Liberalization PART II: HOW DID THE BANKERS DO IT? 6. Funding the Banks 1 7. The Geyser Crisis 8. Love Letters to the Rescue 9. Playing Tricks on the European Central Bank PART III: WHY DID THE BANKERS DO IT? 10. The Web of Ownership 11. Tunneling Money Through Related Party Lending 12. Market Manipulation and Falsification of Equity 13. Wages of Failure PART IV: WHY DIDN'T ANYBODY STOP THE BANKERS? 14. Funded By the Ill-Informed 15. Debt Free State, Isolated and Without Credit 16. Putting a Poodl |