Maybe we should request that we get Morgunbladid free of charge for the next 50 years?
Birna Einarsdottir, CEO of Glitnir has confirmed that the state owned bank’s write-offs because of the paper are between 1-2 billion ISK.
“Students interested in economics and finance should closely follow this new Iceland saga, for it is the most dramatic story yet to illustrate how reckless bankers let loose in a free market can destroy entire economies.” – Uwe E. Reinhardt November 3, 2008
Maybe we should request that we get Morgunbladid free of charge for the next 50 years?
Birna Einarsdottir, CEO of Glitnir has confirmed that the state owned bank’s write-offs because of the paper are between 1-2 billion ISK.
0 Responses to “A billion for Morgunbladid”