Why Iceland?
Author(s): Asgeir Jonsson
The reasons behind Iceland's decline--and what it now means for the rest of the world How did a nation of 300,000 build an international banking empire of assets equaling 12 times its GDP-- and then lose it all overnight? sgeir Jonsson, head of research and chief economist for Iceland's biggest bank, was in the midst of it all. Here, he explains the whole story of how Iceland grew into a banking empire and then collapsed, including the theory that Iceland's fall was the result of a speculative attack by hedge funds on the nation's banking system. He examines the roles played by the United States and United Kingdom, and predicts how the collapse will, in turn, affect them.
Product Information
"A provocative, urgently important case study in international finance." The New York Times 20090816
sgeir Jonsson is head of research and chief economist at Kaupthing Bank, the biggest bank in Iceland until the nation's banking collapse. He previously served as assistant professor of banking and international finance at the University of Iceland. Jonsson is the author of several books about the economy and history of Iceland.
1. Why Iceland? 2. A Brief Discussion of the Icelandic Economy and History 3. The Building of a Banking Empire 4. The Geyser crisis of 2006 5. The Walk of the Hedge Funds 6. The Road To Perdition 7. Our Iceberg is Melting 8. Behind the Barricades 9. The Future of Iceland and the Future of International Banking
General Fields
- :
- : McGraw-Hill Education - Europe
- : McGraw-Hill Professional
- : 0.499
- : 01 August 2009
- : 236mm X 162mm X 20mm
- : United States
- : books
Special Fields
- : Asgeir Jonsson
- : Hardback
- : 330.9491206
- : 224