Carte Bringing Down the Banking System Gudrun Johnsen

Bringing Down the Banking System

Lessons from Iceland

Limbă: engleză
Legare: Carte broșată
Disponibilitate: La editor doar la comandă
Expediem în 17-27 zile
581.78 lei
The combined collapse of Iceland's three largest banks in 2008 is the third largest bankruptcy in hi...

Informații despre carte

Limbă
engleză
Legare
Carte - Carte broșată
Publicat
2014
Pagini
243
EAN
9781137455574
ISBN
1137455578
Enbook ID
02749205
Greutate
340
Dimensiuni
217 x 141 x 15

Descriere completă

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.

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