You might also like

More about Bringing Down the Banking System

• Book details
• Synopsis
• Trending among others

You get 277 loyalty points

Book synopsis

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.

Book details

Book category Books in English Economics, finance, business & management Economics Macroeconomics

• Full title: Bringing Down the Banking System
• Subtitle: Lessons from Iceland
• Author: Gudrun Johnsen
• Language: English
• Binding: Paperback
• Number of pages: 243
• EAN: 9781137455574
• ISBN: 1137455578
• ID: 02749205
• Publisher: PALGRAVE MACMILLAN
• Weight: 340 g
• Dimensions: 141 × 217 × 15 mm
• Date of publishing: 17. June 2014

Trending among others

---

---

---