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View Full Version : Straumur Seized by Iceland After Its Funding Dries Up - Bloomberg



NewsWhore
03-09-2009, 06:23 AM
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Straumur Seized by Iceland After Its Funding Dries Up (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Dax4SZUGB9wYk%26refer%3Deurope&cid=1313038681&ei=2u60SbmsEpPaMdWjjfQD&usg=AFQjCNHW1IlZZUJkLcw46yTJiGtrarxMBg)
Bloomberg
Kaupthing Bank hf, Landsbanki Islands hf and Glitnir Banki hf were all seized by the government in October, precipitating the collapse of the national currency, the Icelandic krona. Iceland imposed capital restrictions at the end of November to avoid a ...


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