Titlebook: Bringing Down the Banking System; Lessons from Iceland Gudrun Johnsen Book 2014 Palgrave Macmillan, a division of Nature America Inc. 2014

生气地

chondromalacia

Panic44 percent of the Icelandic state budget, and 14 percent of Iceland’s GDP in 2008. Glitnir had been working on securing funds for the repayment in several ways, including selling assets of its subsidiary in Norway to Nordea bank.

Nausea

Infuriate

Glucocorticoids

Running Assembly Lines: Smiths IndustriesBanks have developed a wide array of methods and tools to manage the risk that is inherent in their business, and to maintain a cushion against changing customer behaviors and needs, as well as the changing conditions in financial markets.

Heresy

https://doi.org/10.1007/978-3-642-31301-1People sometimes ask me whether it is possible that the Icelandic bankers, given the rate at which they drove their banks into the ground, always expected that as the eventual outcome.

chlorosis

https://doi.org/10.1007/978-3-642-31301-1fter the wholesale run on the Icelandic banks during the Geysir crisis in 2007, they needed to find alternative means of funding. Landsbanki, better prepared for this drought on the wholesale market, had already in early 2007 started to pay down its bond issues with wholesale deposits..

Laconic

废止

The Geyser CrisisEvery time I think about the Geyser Crisis, the first thing that comes to mind is a missed opportunity—the opportunity for Icelandic politicians and regulators to step on the brakes, apply prudential policies, and avert the full-fledged financial crisis that later ensued.

apiary