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Bringing Down the Banking System
Gudrun Johnsen (Author)
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Aiaa
· Paperback
Bringing Down the Banking System - Gudrun Johnsen
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Origin: U.S.A.
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Thursday, June 06 and
Monday, June 24.
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Synopsis "Bringing Down the Banking System"
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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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
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