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The Resource Bringing down the banking system : lessons from Iceland, Gudrun Johnsen, (electronic book ;)

Bringing down the banking system : lessons from Iceland, Gudrun Johnsen, (electronic book ;)

Label
Bringing down the banking system : lessons from Iceland
Title
Bringing down the banking system
Title remainder
lessons from Iceland
Statement of responsibility
Gudrun Johnsen
Creator
Subject
Language
eng
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.
Member of
Cataloging source
UK-WkNB
http://library.link/vocab/creatorName
Johnsen, Gudrun
Dewey number
332.1094912
Illustrations
  • illustrations
  • charts
Index
no index present
Literary form
non fiction
http://library.link/vocab/subjectName
  • Bank failures
  • Banks and banking
  • Bank management
Summary expansion
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
Label
Bringing down the banking system : lessons from Iceland, Gudrun Johnsen, (electronic book ;)
Instantiates
Publication
Note
Users can print and/or download individual articles/chapters and other individual items from Palgrave Connect ebooks, limited to no more than one chapter per title per authorised user
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 Poodle on the Watch 17. What Have We Learned?
Control code
9781137347350
Extent
264 p.
Form of item
electronic
Isbn
9781137347350
Other physical details
4 figures, 50 graphs, 13.
Specific material designation
unspecified
Type of computer file
PDF.
Label
Bringing down the banking system : lessons from Iceland, Gudrun Johnsen, (electronic book ;)
Publication
Note
Users can print and/or download individual articles/chapters and other individual items from Palgrave Connect ebooks, limited to no more than one chapter per title per authorised user
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 Poodle on the Watch 17. What Have We Learned?
Control code
9781137347350
Extent
264 p.
Form of item
electronic
Isbn
9781137347350
Other physical details
4 figures, 50 graphs, 13.
Specific material designation
unspecified
Type of computer file
PDF.

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