Posts Tagged ‘ iceland ’

All of them must go: N. Klein

www.thenation.com Reported here by: SPMG, 20 March 2009

The pattern is clear: governments that respond to a crisis created by free-market ideology with an acceleration of that same discredited agenda will not survive to tell the tale…

   Categories: briefing, commentary    Tags: , , , , ,   

Iceland report a timely reminder that no regulatory system can be foolproof: D. Reece

www.telegraph.co.uk Reported here by: SPMG  , 20 April 2009

Refers to the UK Treasury Select Committee’s report into the Icelandic bank: It’s not often that the working of our Financial Services Compensation Scheme (FSCS) makes for essential reading but the meltdown of the likes of Landsbanki and Kaupthing reveals details of one of the most dramatic stories of the credit crisis…

   Categories: briefing    Tags: , , , , ,